Most publicly traded nonbanks saw substantially improved performance from their mortgage banking operations in the second quarter. But two large firms continued to lose money. (Includes data chart.)
Most of the gain in commercial mortgage securitization during the second quarter came from agency multifamily MBS, and the non-agency sector continues to face significant challenges. (Includes two data charts.)
All four mortgage food groups saw sizable gains in originations in the second quarter, with government and conventional conforming leading the way. (Includes two data charts.)
There were increases in CRE and refinance CLO issuance during the second quarter, but the market’s bread-and-butter sectors — BSL and MML — both saw declining production. (Includes two data charts.)
FHA gained share in the primary MI market during the second quarter, although private MI remained the dominant form of credit coverage. Enact MI maintained a narrow lead in year-to-date new insurance written. (Includes four data charts.)
In the purchase loans securitized by the agencies in the second quarter, the biggest gain was in GSE loans with no primary MI coverage. (Includes three data charts.)