The combined portfolio of the top five servicers actually declined slightly during the third quarter. Megabanks Wells Fargo, Chase and Bank of America shed a combined $26.8 billion during the third quarter, with $20.0 billion of that taking place at Wells. Mr. Cooper Group, the largest nonbank servicer, reported a slight $2.5 billion drop, although its subservicing portfolio grew 2.8% to $310.5 billion.

A strong fourth-quarter finish could put 2019 in striking distance of the record $249.05 billion of CMBS issuance in 2017.

With strong refinance demand, low rates and solid housing sales for this time of year, 2019 could end up as the best year since 2006, when originations totaled $2.550 trillion.

The Freddie Mac single-family servicing market grew roughly three times as fast as the Fannie Mae market during the third quarter, according to a new Inside the GSEs analysis.

Across all LTV bands, the share of purchase loans with low FICO scores fell from 12.88% in the second quarter to 12.29% in the third.

Co-issuance transfers – a smaller market – actually increased 52.9% sequentially to $59.4 billion…