Bank home-mortgage repurchases totaled just $372.6 million in the first quarter of 2020, the second-lowest total on record. (Includes data chart.)

The biggest gain in the government market was in VA loans, where quarterly volume was up 23.5%...

Securitization of expanded-credit mortgages was the only non-agency sector to see increased issuance during the tumultuous second quarter of 2020. Jumbo and scratch-and-dent production fell sharply from the first quarter. (Includes two data charts.)

A big surge of conventional refinance loans helped private MIs boost their share of the insured agency market to 44% in the second quarter, although purchase loans continued to account for most PMI business. (Includes two data charts.)

Independent mortgage companies for the first time serviced more than half of the single-family loans in agency MBS at midyear. But many high-ranked servicers saw declines in their agency servicing portfolios. (Includes two data charts.)

The writing was on the wall: nonbanks took over the Ginnie market back in 2016...

The venerable agency MBS platform set production records in both the third and fourth quarters of 2019, caught its breath in early 2020, and then rose 12.7% to a new high in the April-June cycle.

VA refinance activity drove much of the increase from the first to the second quarter, and the veterans' program accounted for over half of Ginnie MBS issuance during the period. (Includes four data charts.)

Despite the dampening effect of the coronavirus early in the second quarter, total MBS and ABS issuance soared to a record $790 billion. Agency single-family MBS accounted for 94% of total issuance. (Includes four data charts.)

Fannie, Freddie and Ginnie issued a combined $742 billion of single-family MBS in the second quarter, smashing a record set back in 2003, the mother lode for mortgage business. (Includes two data charts.)