Some banks nearly tripled their bulk MSR acquisitions in 2Q16. SunTrust, for example, bought $7.41 billion of GSE servicing during the period, making it the third most active buyer in the market.

The bigger issue was a sharp drop in net servicing income…

Nonbanks serviced $2.155 trillion of agency MSR as of the end of June, a 3.4 percent increase in three months.

While FHA forward mortgages continued to be the biggest source of collateral, the VA program actually produced a bigger gain, 42.4 percent, from the first to the second quarter.

Lone Star produced a rare rated deal backed by subprime loans that had been originated within the past year …

In the private MI segment, the biggest gain in percentage terms was in refinance loans…

The surge in California business helped boost the national broker share to 12.5 percent of GSE volume during the second quarter…

The agencies issued $120.05 billion of single-family MBS last month, the strongest output since July 2015…

According to the FHFA, both GSEs already have extensive internal procedures for vetting any business change that could affect prepay speeds…

Nonbank mortgage lenders saw a 33.0 percent increase in GSE deliveries during the second quarter…