The 14 lender/servicers reported $4.02 billion in income from those activities during the second quarter, up from $1.40 billion in the first three months of 2020.

The top three sellers to Fannie and Freddie in August: Quicken Loans, Wells Fargo and United Wholesale Mortgage.

MSR values sank over 34% during the first seven months of 2020, according to a July update from Mike Carnes, managing director of MSR valuations at MIAC Analytics.

Fannie Mae, Freddie Mac and Ginnie Mae issued $321.83 billion of single-family MBS last month, according to an Inside MBS & ABS ranking and analysis.

New home-equity lending declined by 14% in the second quarter while refi lending boomed.