November 24, 2023 | Inside Mortgage Finance

Servicing Still Propping Up Limping Production Income

While most publicly traded companies reported positive results on their production and servicing income, the MBA found that nearly half of the industry failed to turn a profit in the third quarter. (Includes data table.) Read More

Bank MSR Fair Values Hit Historic Highs

Servicing for others by banks and thrifts was nearly unchanged in the third quarter at $3.14 trillion as MSR fair values rose to a historic high of 1.65% of the underlying servicing volume. (Includes data table.) Read More

Strong Demand From Correspondent Buyers Boosts Guild

Guild’s originations unit swung to profitability in the third quarter even as originations declined. Leaders of the nonbank said strong demand from correspondent buyers prompted changes in models used for calculating the value of lock commitments and mortgages held for sale. Read More

Foreclosures Not Solving Housing Supply Problem

The rate of foreclosures is too small to play a meaningful role in boosting housing supply, according to panelists at a recent Urban Institute conference. Read More

MBA Seeks Centralized Data Security Standards

The Mortgage Bankers Association responded to a White House request for information on the prospects for harmonizing cybersecurity regulations. Separately, the New York Department of Financial Services finalized amendments to its cybersecurity regulation. Read More

Differences in Mortgage Costs Linked to Location

Regional differences in mortgage closing costs largely explain the seemingly irrational “failure to refinance” of some borrowers when rates fall. Read More

Automated Income Verification Can Help Qualify More Borrowers

An increase in the number of borrowers with non-traditional income sources has led more lenders to consider automated and AI-based underwriting practices, according to Ocrolus, a tech vendor. Read More

Inside Mortgage Trends

November 22, 2023

View Archived Issues

Servicing Still Propping Up Limping Production Income

Bank MSR Fair Values Hit Historic Highs

Strong Demand From Correspondent Buyers Boosts Guild

Foreclosures Not Solving Housing Supply Problem

MBA Seeks Centralized Data Security Standards

Differences in Mortgage Costs Linked to Location

Automated Income Verification Can Help Qualify More Borrowers

Latest Imf News

GSE Repurchases on the Rise in 3Q

Seasonal Factors Drive Increase in Delinquency Rate

CDIA Calls Out Credit Washing for Rise in Credit Reporting Complaints

Home Price Growth Slows in November

Featured Data

Largest Sellers See GSE Deliveries Wane in November

Third-Party Lenders Boost Market Share in Third Quarter

Bank Mortgage Repurchases Decline in Third Quarter

Mortgage REITs Up Agency MBS, Shed Non-Agency

Featured Reports

Agency Seller-Issuer Profile: 3Q25 (PDF)

Mortgage Profitability Report 3Q25 (PDF)

Agency Channel Analysis: 3Q25 (PDF)

Mortgage Servicing Rights Report: 3Q25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Inside Mortgage Trends

November 22, 2023

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?