Home Equity Loan Securitization Cools Off in Third Quarter December 11, 2024 Brandon Ivey Issuance increased by 10.9% on a quarterly basis, well below the increases seen in recent quarters.Read More
Nonprime Servicing Volume Increases in Third Quarter December 10, 2024 James Dohnert Select Portfolio Servicing remained the largest nonprime servicer at the end of the third quarter.Read More
Ginnie MBS Issuance Has Its Best Month of the Year December 9, 2024 Brandon Ivey Among the top 20 Ginnie issuers in November there were just two federally insured depositories: U.S. Bank and Navy Federal.Read More
Another Month of Mortgage Job Gains. However… December 9, 2024 Paul Muolo Loan brokers added 100 full-timers during October, bringing their head count to 86,700 positions.Read More
Minor Turbulence Hits Subservicing Market in 3Q December 9, 2024 Paul Muolo Among the top five subservicers, the steepest descent in year-over-year business was registered at Dovenmuehle.Read More
Retail Channel Loses Some Market Share in Third Quarter December 6, 2024 Brandon Ivey The retail channel accounted for 50.8% of total first-lien originations in the third quarter of 2024, down from a 53.3% share in the second quarter.Read More
Bank Servicing for Others Level in Third Quarter December 5, 2024 Namrata Bhatia Banks and thrifts serviced $3.023 trillion of mortgages for other investors as of the end of September.Read More
Income Declines at FHLBanks in Third Quarter December 4, 2024 John Bancroft JPMorgan Chase, the system’s biggest member, reduced its FHLBank advances by 20.3% over the past year.Read More
Conforming-Jumbo Business Grows in Third Quarter December 3, 2024 Brandon Ivey In the third quarter, conforming jumbos accounted for 5.4% of total agency business.Read More
Servicing Profits a Drag for Many in 3Q24 December 2, 2024 Brandon Ivey The good news: All the firms reported positive income from production, although a few earned less than they had in 2Q24.Read More
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