Ginnie Mae MBS volume was boosted by a 41% jump in VA loan deliveries and a 22% boost in FHA. Both programs saw sharp increases in refi volume along with rising purchase-mortgage business. (Includes four data charts.)
Nonprime securitization was down for the second straight quarter and the S&D market was sluggish. But prime-jumbo and ECM production rose sharply in the third quarter. (Includes three data charts.)
Repeat homebuyers accounted for over half of the agency purchase-mortgage market in the third quarter, the first time that’s happened in a while. (Includes four data charts.)
Retail-originated loans accounted for a higher share of the booming agency mortgage market in the third quarter, and there are signs that wholesale-broker competition is heating up. (Includes two data charts.)