Banks and thrifts reported $83 billion in originations through their retail platforms during the second quarter, the highest level since 3Q17. (Includes data chart.)
Although agency business faltered slightly in September, Fannie, Freddie and Ginnie drove the ABS/MBS market to a whopping $542 billion in new issuance during the third quarter. (Includes three data charts.)
Agency single-family MBS production surged to $463.7 billion in the third quarter, the hottest market in nearly 11 years. But a handful of top players recorded declining sales to Fannie, Freddie and Ginnie platforms. (Includes two data charts.)
Ginnie single-family MBS issuance rose 12.8% from July to $50.41 billion, the highest monthly production figure since September 2016. (Includes two data charts.)
Commercial banks, foreign investors and mortgage REITs all posted big increases in MBS holdings as net new issuance continued to grow and the Fed pared its holdings. (Includes two data charts.)
Banks and thrifts reported substantial growth in their retained home mortgages, including a surge in ARM holdings. Freddie was the fastest-growing MBS market.