May 3, 2024

Correspondent Securitizations Plunge as Refis Resurface

Agency securitizations of correspondent loans were sharply down in the first quarter of 2024 as volume dropped across the board. Refinances made a surprising surge, while credit quality remained unchanged. (Includes two data tables.) Read More

Banks Report Broad Rally in Mortgage-Banking Income

Publicly traded banks reported a 21% increase in mortgage-banking income during the first quarter of 2024. Improving gain-on-sale margins accounted for much of the increase. (Includes data table.) Read More

Veterans United Top Correspondent Seller in 2023

While overall correspondent sales to unaffiliated non-agency buyers declined in 2023, Veterans United increased its sales volume. (Includes data table.) Read More

Mortgage Business Drives Republic Bank to Failure

Philadelphia-based Republic Bank focused its mortgage production on jumbos with below-market rates. The bank also held agency MBS that lost value as interest rates increased. Read More

Assumable Mortgages Being Pushed to the Forefront

As home affordability remains elusive, the housing industry is raising the profile of assumable loans. Read More

Rising Service-Provider Costs Frustrating Lenders

A recent Fannie Mae study found that lenders are concerned about the lack of competition and rising prices of technology service providers’ solutions in the mortgage industry. Read More

AI Could Boost Mortgage Companies’ Output

Speakers at a recent Women in Housing and Finance conference detailed how their companies have incorporated AI and the positive results from the tool. Read More

Grapevine: When MSR Hedging Goes Wrong; Title Insurance Costs

PennyMac booked a weak increase in servicing income due to a large loss tied to hedges for MSRs; First American’s CEO doesn’t expect the CFPB’s effort on lender’s title insurance to change much. Read More

Inside Mortgage Trends

View Archived Issues

Correspondent Securitizations Plunge as Refis Resurface

Banks Report Broad Rally in Mortgage-Banking Income

Veterans United Top Correspondent Seller in 2023

Mortgage Business Drives Republic Bank to Failure

Assumable Mortgages Being Pushed to the Forefront

Rising Service-Provider Costs Frustrating Lenders

AI Could Boost Mortgage Companies’ Output

Grapevine: When MSR Hedging Goes Wrong; Title Insurance Costs

Latest Imf News

Agency Jumbo Volume Holds Steady in Third Quarter

Housing Bill With Bipartisan Support Introduced in House

Fannie Mae’s MBS Holdings Increase Again in November

Trump Admin Reorients FSOC to Growth and De-Regulation

Featured Data

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Nonbanks Post Small Drop in Mortgage-Banking Income

Bank MSR Portfolios Shrink Slightly, Valuation Strong

Featured Reports

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (PDF)

IMF HMDA Dashboard: 2024

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

May 3, 2024

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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?