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Home » Store » News » Brokers Help Drive GSE Refi Surge

Brokers Help Drive GSE Refi Surge

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Mortgage brokers have seen their role in the home loan market significantly diminished in recent years, but they staged a minor comeback in the fourth quarter, according to a new analysis of Fannie Mae and Freddie Mac data by Inside Mortgage Trends. Mortgage brokers originated 12.1 percent of the single-family loans securitized by the two government-sponsored enterprises during the fourth quarter. That was up from 9.8 percent during the previous quarter. It was the strongest broker share of GSE business over the past two years. The surge in broker share paralleled a...(Includes two data charts)
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