MBA's Revenue Nicked, But Assets Increase August 26, 2024 Paul Muolo The IRS filing shows that the trade group had more than 2,225 members at the end of September 2023 compared to 2,275 a year earlier.Read More
Nonbank Earnings Sag in 2Q but Up YTD August 26, 2024 John Bancroft Servicing income didn't give much of a boost to nonbank profits during 2Q24...Read More
Freedom Sees Government-Insured Lending Boost in 2Q August 23, 2024 Brandon Ivey Freedom mortgage leaped over UWM and PennyMac in the latest ranking and analysis of government-insured mortgage originators.Read More
MBA’s FY23 Revenue Gets Nicked, Assets Increase August 22, 2024 Paul Muolo Although many mortgage banking companies lost money last year, the Mortgage Bankers Association remained in the black.Read More
Purchase Mortgages Up at FHA and VA in Second Quarter August 22, 2024 Monica Hogan FHA accounted for 59.5% of government-insured originations in the second quarter.Read More
GSE CRT Issuance Declines in Second Quarter August 21, 2024 Dennis Hollier Fannie Mae and Freddie Mac issued a combined $2.34 billion in CRT securities, excluding reinsurance deals, in the second quarter. That was down 18.0% from the first quarter.Read More
Jumbo Servicing Portfolios Level in 2Q August 21, 2024 James Dohnert Chase remained the top servicer in the group, handling $326.90 billion of jumbos as of the end of June.Read More
Ginnie MBS Issuance Increases in July August 20, 2024 Monica Hogan Securitization of FHA loans increased 6.3% to $22.09 billion in July, while VA production was up 11.4% to $15.44 billion.Read More
A Surge for Jumbo Lending in 2Q24 August 19, 2024 James Dohnert The top three five jumbo originators in 2Q24: Chase, Bank of America, U.S. Bank, UWM and Wells Fargo...Read More
Purchase-Mortgage Volume Up Slightly in First Half of 2024 August 16, 2024 Brandon Ivey Lenders pinned the underwhelming growth on elevated interest rates and a limited inventory of homes for sale.Read More
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