Education levels led to some differences in consumer behaviors...

The Deephaven executive believes the non-QM space will expand over the next three to five years...

The retail channel led the decline in originations of conventional-conforming mortgages in the third quarter. And third-party originators managed to slightly increase their activity in the government-insured market. (Includes two data charts.)

Banks and thrifts reported significant declines in loan origination volume and loan sales during the third quarter. Even their loan pipelines contracted drastically. (Includes two data charts.)

Wells Fargo and PNC Bank posted sharp declines in repurchases from the second quarter, though their year-to-date volumes were up from the first nine months of 2021. (Includes data chart.)

Even repeat, more experienced buyers reported getting only one mortgage quote, according to a new Fannie Mae survey.

Non-QMs account for nearly 60% of the dollar volume of Western Alliance Bank’s second credit-risk transfer transaction of the year.

The rating agency says CDFIs are “well positioned" to face the coming headwinds...

Among the top 10 players in the sector, seven increased their nonprime portfolios from the second to the third quarter.

Will more depositories abandon the wholesale channel?