Equifax CEO dismisses concerns about lenders gaming the GSEs’ underwriting standards; Fannie’s home price survey marches on.

Warehouse lending balances at Northpointe Bank increased by 36.3% on an annual basis to $3.94 billion as of the end of June.

Average condo prices declined by 0.7% on an annual basis as of mid-July, according to Intercontinental Exchange.

The correspondent aggregator's volume was up 14.1% on a quarterly basis.

Annaly generated $827.8 million of net income in the second quarter, nearly tripling its income from the first quarter.

Mark Begor, CEO of Equifax, dismissed concerns that mortgage lenders are looking at scores from both FICO and VantageScore to determine which score to use with mortgages delivered to the GSEs.

“Incoming data showed that inflation dropped in June, but with oil prices spiking again, that improvement seems unlikely to continue in July data, and mortgage rates are likely to remain higher as a result,” said Mike Fratantoni, a senior vice president and chief economist at the Mortgage Bankers Association.

The most frequently cited growth strategy was increasing production from the existing sales team, selected by 75% of respondents surveyed by The Mortgage Collective.

Home prices were up 3.0% on an annual basis in June, the highest annual growth rate in the past 10 months, according to Redfin.

Nonbanks held the rights to service 68.6% of outstanding servicing tied to agency MBS as of the end of June.