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Volume 21 - Number 22

November 3, 2017

Downloads Available: Agency Channel Analysis: 3Q17


Retail Still Largest Source of Agency Loans

Nearly half of the loans securitized by Fannie Mae, Freddie Mac and Ginnie Mae during the third quarter came from lenders’ retail platforms, a new Inside Mortgage Trends analysis shows. Correspondents generated 38.8 percent of the market and posted the highest purchase-mortgage concentration, 77.8 percent. Mortgage brokers were involved in 11.6 percent of agency business, with a relatively high 35.9 percent refinance distribution ... [Includes one data chart]

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Poll

What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.

35%

I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.

14%

Not bad, but he needs to take his time making additional changes.

12%

We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

39%