The 47.3% share for refinance business was the highest since the fourth quarter of 2016. Retail remained the largest source of both purchase and refi business, but correspondent platforms saw the biggest improvement from the second quarter. (Includes four data charts.)

Inside Mortgage Finance found that lenders originated an estimated $369.0 billion of purchase mortgages in 3Q19, accounting for 52.7% of total first-lien production…

Bank ABS holdings drifted lower in every sector except one: the nebulous “other” category.

The top two banks in mortgage banking – Wells Fargo and JPMorgan Chase – reported sharply different results in the third quarter.

Table-funding increased by 16.7% from the second quarter, hitting an estimated $98 billion in the most recent period. That’s a healthy increase and represented the strongest quarter for broker production since early 2008…

Freddie repurchase activity has consistently exceeded Fannie levels since 2016…