The one bright spot in the residential mortgage market last year was purchase-mortgage lending, which provided at least a faint glow in an otherwise dreary year for lenders. [Includes four data charts.]
Commercial banks and savings institutions increased their investment in non-mortgage ABS during the fourth quarter of 2018, though the industry’s appetite for the product remained tepid. [Includes two data charts.]
Mortgage brokers aren’t taking over the world, but the industry’s share of new production reached a nine-year high in 2018, according to a new analysis and ranking by Inside Mortgage Finance. [Includes six data charts.]
Commercial banks and thrifts reversed a year-long trend during the fourth quarter of 2018 and increased their holdings of single-family MBS, a new Inside MBS & ABS analysis reveals. [Includes two data charts.]
Commercial banks and savings institutions made money on their mortgage banking activity during the fourth quarter, but not that much. [Includes one data chart.]
Mortgage lenders that deliver loans into Fannie Mae and Freddie Mac mortgage-backed securities continued to face relatively few repurchase demands from the two government-sponsored enterprises last year. [Includes two data charts.]