Top Mortgage Players 1Q15 Print edition with shipping in U.S.
In the first quarter of 2015, mortgage originations said goodbye to the doldrums of 2014 and returned to levels last seen in 2013.
It was a good quarter for top lenders as well as the market in general, with all but a very few of the top 40 registering more production and half of them notching double-digit percentage increases.
The lenders who make heavy use of brokers reaped the benefits of the channel’s 15 percent upswing in the first quarter. Compared to 4Q14, the top broker-channel lenders were as likely to see huge percentage losses as they were to see huge gains. But almost all saw enormous—50 percent or more—gains compared to 1Q14.
In the servicing arena, where the top 50 players controlled 74 percent of the market, nonbanks continued to grab a larger share of the business. At March 31, nonbanks claimed 29 percent of the top 50 market.
The government insurance programs, helped by premium decreases and the return of the first-time homebuyer, gave private mortgage insurers a run for their money. But even in the face of this competition and a resulting 5 percent slip from 4Q, the MIs showed enormous growth since last year, up 46 percent. And the newest players, Arch and National MI, picked up more than their share of the ground ceded by top dogs United Guaranty and Radian.
Keep track of how the changes are playing out for the industry and its top performers with IMF’s Top Mortgage Players report. Issued quarterly, this report gathers IMF’s gold-standard rankings and analysis of the mortgage industry’s sector leaders into one resource so that you’ll have all the most important mortgage market intelligence at your fingertips each quarter.
Get the rankings and performance stats for the leaders in these categories:
- Mortgage Originations
- Retail Originations
- Wholesale Production
- Correspondent Production
- Broker Production
- GSE Production by Channel
- Refinance Production
- Purchase-Mortgage Production
- Conventional-Conforming Production
- Government-Insured Production
- Primary Mortgage Insurance
Use the charts and accompanying perspective in the Top Mortgage Players report to learn who the market leaders are in the mortgage industry’s niches and how their business has changed from the previous quarter. You’ll also have market-level data that show you which sectors or products are performing well and which aren’t.
Plus, you’ll have overall market statistics that show the activity in these areas:
- Mortgage Origination Indicators
- Originations by Production Channel
- Mortgage Originations by Product
Accompanying analysis provides color on trends in each sector and backstory on changes in the players’ performance.
Use this quarterly report to
- Monitor the market sectors you’re currently conducting business in.
- Evaluate competition in sectors you’re considering expanding to.
- Research potential partners or clients.
Know who’s leading the sectors, by how much, and what their trajectories look like.
Choose "PDF Format" for immediate download of document. You will also be able to access the document, at any time, through the "My Account" feature on insidemortgagefinance.com.