Issuance of prime jumbo non-agency MBS was up in 2020 despite a soft fourth quarter, but the expanded-credit mortgage sector lagged, as did securitization of reperforming loans. (Includes three data charts.)

Freddie Mac saw the biggest gain in agency MSR during the fourth quarter, fueled by a hefty 18% increase by independent mortgage companies. Ginnie servicing fell slightly despite growth among nonbanks. (Includes two data charts.)

Independent mortgage bankers accounted for a stunning 70% of single-family loans securitized by Fannie and Freddie during the fourth quarter. In a record-smashing year for both GSEs, Freddie boosted its share of the market. (Includes two data charts.)

Private mortgage insurance provided most of the coverage for purchase loans securitized in the fourth quarter, while VA was the top guarantor of agency refi loans. (Includes data chart.)

Thanks to heavy consumer refi demand, the support of the Fed and muscular production by nonbanks, the agency single-family market pushed overall MBS/ABS issuance to record levels in 2020. (Includes three data charts.)

Fannie and Freddie led the surge to a record $3.15 trillion of agency MBS issuance in 2020. The agency market saw huge shifts in seller demographics. (Includes two data charts.)

Volume was up more in correspondent and wholesale-broker platforms, but retail continued to account for just over half of government-insured lending in the third quarter.

Retail originations by banks' mortgage banking operations rose to the highest level in seven years but they understate total lending by the industry. (Includes two data charts.)

Nonbank sellers accounted for 63.9% of single-family mortgages pooled in Fannie and Freddie MBS during the first 11 months of 2020, raising their share of the GSE market by nearly 10 percentage points. (Includes two data charts.)