There were increases in CRE and refinance CLO issuance during the second quarter, but the market’s bread-and-butter sectors — BSL and MML — both saw declining production. (Includes two data charts.)
FHA gained share in the primary MI market during the second quarter, although private MI remained the dominant form of credit coverage. Enact MI maintained a narrow lead in year-to-date new insurance written. (Includes four data charts.)
In the purchase loans securitized by the agencies in the second quarter, the biggest gain was in GSE loans with no primary MI coverage. (Includes three data charts.)
Most publicly traded banks reported rising mortgage banking income during the second quarter as production volume and gain-on-sale margins rose. But several industry leaders couldn't gain traction. (Includes data chart.)
Ginnie once again ranked as the top agency issuer in July, but all three agencies saw declining volume in purchase and refi business. (Includes two data charts.)
Chase didn't back into the top servicer ranking, it blew past Wells Fargo in the second quarter. But Mr. Cooper Group has its eyes on the $1 trillion mark. (Includes three data charts.)