Black Knight Financial also said that despite the reintroduction of Fannie’s and Freddie’s 97 LTV product, the FHA/VA continues to dominate low downpayment lending.

An estimated $117.1 billion of mortgages exceeding the baseline conforming loan limit of $417,000 were originated during the third quarter.

Slip, sliding away: commercial banks and loans-serviced-for others...

It's that time of the season: MBS issuance was down 30.6 percent at Fannie and off 17.4 percent at Freddie.

During the worst of the buyback storm in late 2012 and early 2013, the GSEs reported over $18.51 billion of unresolved repurchase requests and as much as $13.22 billion in buybacks during a single quarter.

The refinance market was soft as well. The agencies securitized $37.48 billion of refinance loans during November, down 12.3 percent from the previous month.

At the same time, credit standards – at least in the agency market – have eased only slightly over the past two years...

In percentage terms, the sharpest downturn was in home-equity ABS, although this sector represented just 1.6 percent of bank ABS investment and there has been no new production in years.

Stearns Lending was the top table funder in 3Q15 with $2.95 billion originated through loan brokers. United Wholesale Mortgage was an extremely close second at $2.94 billion.

Despite changes to GSE to representations-and-warranties policies, lenders are still avoiding the riskiest segments of the market.