According to a new analysis of HMDA data, refi denial rates spiked in 2023 while denials on purchase mortgages held steady. (Includes data table.)

Activity in the refinance sector lead to a slight push in originations for home loans with primary MI.

First-lien mortgage portfolio holdings at banks and thrifts increased by 0.8% from June to September. (Includes data table.)

Helped by its acquisition of First Republic Bank, JPMorgan Chase overtook Wells Fargo to have the largest first-lien portfolio among banks and thrifts in the second quarter. (Includes data chart.)

Originations of non-agency jumbo mortgages increased by 35% from the first to the second quarter. JPMorgan Chase’s acquisition of First Republic Bank bolstered Chase’s jumbo lending efforts. (Includes data chart.)

Non-agency MBS issuance backslid in the second quarter of 2023 after a brief surge to kick off the year. (Includes two data charts.)

Struggling alongside a slow purchase market, originations of adjustable-rate mortgages fell in the first quarter of the year. (Includes data chart.)

As jumbo originations stagnated in 2022, jumbo loan application denial rates didn’t change very much. (Includes data chart.)

Since the first quarter of 2022, the top 30 servicers of non-agency jumbo mortgages have grown their jumbo portfolios by 11.8%. (Includes data chart.)

Conforming jumbos, cash-out refinances and mortgages for investment properties and second homes are becoming less prevalent in deliveries to the government-sponsored enterprises. (Includes data chart.)