A handful of lenders stepped on the accelerator in the third quarter, boosting originations and market share. Overall, first-lien lending fell 3.8%.

Vehicle and consumer loan sectors help drive ABS issuance in third quarter of 2023.

GSE securitization of mortgages with private MI declined in the third quarter while FHA activity increased.

Vehicle ABS issuance reached a record $46.5 billion in the third quarter, and that doesn't count rental-fleet financing. But a sharp decline in auto-dealer floorplan securitization led to a slip in business ABS production. (Includes three data tables.)

The GSEs saw an uptick in uninsured mortgage business from the second to the third quarter, while FHA purchase and refi volume surged. (Includes three data tables.)

The third quarter of 2023 ranked as the busiest market for MSR sales since the second quarter of last year, when $327.82 billion of MSR transfers closed.

Through the first nine months of the year, the top three non-agency issuers were: JPM, Invictus Capital Partners and Onslow Bay Financial.

Most of the increase in bulk MSR transfers in the third quarter came from Mr. Cooper’s acquisition of Home Point Financial’s portfolio. But coissuance activity increased more than total agency MBS issuance. (Includes three data charts.)

Growth at Lakeview and Chase Home Finance finally toppled Wells Fargo as the largest agency servicer.

Although new issuance of NPL/RPL deals continues to decline, production of non-agency MBS backed by newly originated loans rose smartly in the third quarter, along with gains in securitization of home-equity products. (Includes three data charts.)