Mortgage REITs reported declines in their holdings of agency MBS during 2021, but diverse mortgage-related investments continued to grow. (Includes data chart.)
Nonbank lenders discovered the non-agency jumbo market and helped drive production to a record $613 billion last year. The conforming-jumbo market fell sharply in the fourth quarter as lenders gamed the annual loan-limit adjustment. (Includes three data charts.)
Fannie, Freddie and Ginnie issued a combined $187 billion of single-family MBS in February, a steep 21.5% decline from January. It was the lowest monthly issuance since March 2020. (Includes two data charts.)
Most top lenders saw declines in both purchase and refinance lending from the third to the fourth quarter of 2021. Compared to 2020, the purchase share was up. (Includes five data charts.)