United Wholesale Mortgage appeared to emerge as the top lender in the third quarter, though Rocket was still ahead on a year-to-date basis. With total originations slumping 22% in the third quarter, a handful of lenders managed to boost production. (Includes three data charts.)

Almost all sectors saw significant declines as rising interest rates and economic took their toll...

The top buyer of bulk MSRs through the first nine months of 2022: Freedom Mortgage...

Flagstar accounted for most of the gain by mid-size banks, with its GSE MSR portfolio increasing a hefty $24 billion...

The bulk GSE MSR transfer market is deep and wide: Some 21 companies have sold more than $10 billion so far in 2022 and 40 others have sold at least $1 billion. Coissuance activity has declined as agency business has slowed.

Heavy buying and selling in the secondary servicing market played a significant role in the third quarter ranking of GSE servicers. Chase continued to climb closer to the top rung.

ABS issuance of business-finance deals was up slightly in the third quarter, but all other sectors of the market posted sharp declines. GM Financial remained the top issuer despite a 32% downturn in production.

United Wholesale Mortgage ranked as the top seller of loans with private MI coverage for the first nine months of 2022. But PMI loans lost market share in the third-quarter agency purchase market.

Meanwhile, UWM ranked as the top GSE seller of home loans with private MI coverage at the end of the third quarter.

It was the steepest decline since COVID, when production plummeted 45.1% in the second quarter of 2020.