The number of Ginnie loans one-payment past due jumped 17.3% from March to June, pushing the delinquency rate for the category to 2.06%. That compared favorably to a 3.60% 30-day delinquency rate two years ago.

Freedom Mortgage and Lakeview Loan Servicing were the top players in acquiring Ginnie servicing rights in the MSR transfer market during the second quarter. (Includes four data charts.)

Non-agency CMBS production roared to $37.12 billion, the highest quarterly volume since the end of 2019.

Big increases in large-loan CMBS and single-asset/single-borrower transactions helped pump non-agency volume to $37 billion in the second quarter, the highest since the end of 2019. (Includes two data charts.)

The origination winners and losers were mostly determined by how much they rely on refinance activity.

A number of banks reported strong gains in production during the second quarter, while nonbanks continued to dominate the top tier of lenders despite mixed trends. (Includes two data charts.)

Freddie had the hot (MSR) hand in 2Q21...

The bulk transfer figures reflect deals that were struck in prior quarters...

Nonbank servicers used the MSR secondary market and organic growth to boost their portfolios of Fannie and Freddie servicing. There was also a surge in GSE servicing among smaller banks. (Includes two data charts.)

Some new players came into the bulk agency MSR market in the second quarter, though Freedom Mortgage and other familiar names remained the biggest buyers. Coissuance volume rose slightly, thanks to Ginnie Mae. (Includes three data charts.)