Bank of America was once again the buyback king at the midway point in 2014.

A number of banks have been motivated to reduce their MSR holdings because of concentration limits imposed by the emerging Basel risk capital rules.

Mortgage lenders securitized $90.95 billion of single-family MBS through the GSEs and Ginnie Mae during August – the biggest monthly volume since September 2013, according to IM&A.

When it comes to new originations, the laggard in the government-insured group has been the FHA program.

Can former FHFA director Ed DeMarco affect the debate on the future of Fannie Mae and Freddie Mac? Can anyone?

Since the collapse of the non-agency market back in 2008, Fannie and Freddie have generally accounted for over 70 percent of new MBS production.

Warehouse lending consultants told IMFnews that many originators turned profitable after the first quarter, but are not making as much as they earned this time last year.

The second-quarter rebound in mortgage profits was linked to an increase in new lending and loan sales.

The mortgage REIT industry held $286.3 billion of MBS at the end of June, according to exclusive figures compiled by Inside MBS & ABS.

The VA home loan guaranty program also is building market share, with $25.52 billion of new business written during the second quarter, a 36 percent increase from early 2014.