The largest servicing gains in the past year were in servicing for Ginnie Mae, whole loans at nonbanks and in non-agency mortgage-backed securities.

“The best thing we can do for the housing market is to restore price stability in a sustainable way and create a strong labor market,” said Fed Chair Jerome Powell.

A paper that found that lenders originate more conventional-conforming loans in areas impacted by a hurricane, and they securitize a larger percentage of those loans, was recently retracted.