Prepayments outpaced new production, prompting a decline in jumbo servicing volume.

The figures come from a variety of lenders that generated $570.6 billion of home loans during the third quarter, roughly half the market.

All of the loans in the new security were originated by Spring EQ, a Philadelphia-based lender co-founded by former New Penn CEO Jerry Schiano...

Through the first three quarters of 2019, Sachem has earned $6.6 million.

Mortgages from 51 different originators are included in the deal, led by PrimeLending with a 19.9% share...

Call-report data analyzed by Inside Mortgage Finance show that banks, thrifts and credit unions housed $371.4 billion of HELOCs on their balance sheets, down 3.1% from the second quarter.

The Micro Mortgage allows DTI ratios up to 50% and LTV ratios as high as 105%. Still, the interest rate on the loan has prompted limited demand...

Nine months through the year, IO production is up 60.0% compared to the same span in 2019...

Close to 40% of loans in the MBS have been in forbearance, but with many returning to current status.

Even though Wells shut off its correspondent spigot for jumbos early in 2Q20, $1.88 billion of product came through the channel...