The origination winners and losers were mostly determined by how much they rely on refinance activity.

A number of banks reported strong gains in production during the second quarter, while nonbanks continued to dominate the top tier of lenders despite mixed trends. (Includes two data charts.)

Freddie had the hot (MSR) hand in 2Q21...

The bulk transfer figures reflect deals that were struck in prior quarters...

Nonbank servicers used the MSR secondary market and organic growth to boost their portfolios of Fannie and Freddie servicing. There was also a surge in GSE servicing among smaller banks. (Includes two data charts.)

Some new players came into the bulk agency MSR market in the second quarter, though Freedom Mortgage and other familiar names remained the biggest buyers. Coissuance volume rose slightly, thanks to Ginnie Mae. (Includes three data charts.)

There was no monster ABS in the second quarter that could match a $10 billion airline transaction in the previous period, but year-to-date issuance was well ahead of last year's pace. (Includes two data charts.)

The shift in focus from refinance to purchase mortgages helped boost the secondary market in FHA and private MI loans, while the VA and uninsured conventional markets saw declines. (Includes three data charts.)

Sales of conventional loans with private MI to Fannie Mae and Freddie Mac recorded a bigger 10.3% increase from the first quarter.

The number of loans 30-days past due was up 13.6%...