Correspondents upped their share significantly in the government-insured market, while brokers took a bigger bite of nonconforming lending.

Among the three origination channels, only broker production increased during the third quarter. The broker share of originations neared 20% again during the quarter. (Includes six data tables.)

loanDepot has accused West Capital Lending of stealing its leads, misclassifying loan originators and tying LO compensation to loan revenue.

Katie Sweeney denied allegations from the Association of Independent Mortgage Experts that she steered sponsorships and contracts away from the trade group for personal gain.

The retail share of first-lien originations bounced back above 50% in the second quarter. Still, in the first half of the year, third-party originations increased at a faster pace on an annual basis than retail lending. (Includes six data tables.)

American Pride Bank’s wholesale unit this week launched a non-qualified mortgage portfolio product suite.

With Congress poised to limit trigger lead activity, lenders that rely on the leads will have to soon shift how they are conducting business.

After 18 months in purgatory, the broker giant resumed GSE activity in June with a $173 million Freddie-backed refi for a Manhattan apartment building.

Retail lending among lenders in the analysis declined sharply during the first quarter while the correspondent and broker channels posted more modest declines in nonconforming production. (Includes two data tables.)

The retail channel lost market share in conventional-conforming, government-insured and nonconforming originations in the first quarter of 2025. (Includes two data tables.)