Freddie continued to be the fastest-growing sector in agency servicing. Freedom Mortgage was a major seller in the first quarter, while Lakeview and Chase posted big gains. (Includes two data charts.)

2021 marked the first year since Inside Mortgage Finance began annual originations rankings back in 1989 that three nonbanks topped the ranking.

The silver lining is that agency purchase-loan business was up 4.0% from the first three months of 2021. That’s a promising sign...

Most sectors of the structured-finance market saw declines in new issuance during the first quarter of 2022, including a steep drop in single-family agency MBS production. (Includes three data charts.)

As might be expected, most of the erosion has been in the refinance market.

The refinance sector took the biggest hit in the agency market during the first quarter of 2022, though it still accounted for just over half of the loans sold to Fannie, Freddie and Ginnie. (Includes two data charts.)

Rocket Mortgage, PennyMac and United Wholesale Mortgage ranked as the top three lenders in 2021, the first time three nonbanks led the league table since Inside Mortgage Finance began annual rankings. (Includes two data charts.)

Repurchases on the 2020 vintage, currently $2.37 billion, likely will edge higher...

Fannie and Freddie reported nearly $3 billion in repurchases of defective loans during 2021, the highest annual total since 2014. Most buyback demands stemmed from record MBS issuance by the two GSEs over the past two years.

Moody's more than quadrupled its annual RMBS ratings volume...