Banks and thrifts serviced $3.023 trillion of mortgages for other investors as of the end of September.

Only two institutions among the top five banks reported an increase in SFO in the third quarter. (Includes data table.)

Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.

Loan removals from Ginnie pools was led by borrower payoffs, which accounted for 89.1% of total liquidations in the third quarter. (Includes two data tables.)

The delinquency rate on mortgages has been on the upswing this year, reaching 3.61% at the end of September, according to the Inside Mortgage Finance Large Servicer Delinquency Index. (Includes data tables.)

The total agency delinquency rate rose to 3.30% at the end of the reporting period.

Loan performance slightly deteriorated in agency mortgage-backed securities during the third quarter, with delinquencies increasing across all late-payment categories. (Includes data table.)

Some $189.08 billion of loans with insurance coverage were included in agency MBS issued in the third quarter, a 13.6% increase from the prior period.

Some 9.2% of purchase loans sold to the GSEs in 3Q24 had credit scores below 700.

Sellers to the GSEs sold a larger share of new single-family mortgages with lower credit scores in the third quarter of 2024. But they also in-creased deliveries of mortgages with lower loan-to-value ratios. (Includes two data tables.)