The flow of purchase-money and refinance loans into Ginnie Mae MBS slowed in October, but deliveries of modified loans were up. PennyMac remained the top issuer for the month. (Includes two data charts.)
A modest October rebound in deliveries of refinance loans into agency MBS wasn't strong enough to offset a drop in purchase-mortgage business at Fannie Mae, Freddie Mac and Ginnie Mae. (Includes two data charts.)
Fannie and Freddie pared back their portfolio holdings designated to support future business in the third quarter. Earnings were down from an eight-year high reached in the second quarter. (Includes data chart.)
Nonbanks claimed more than half of the owned servicing reported by the top 50 firms in the market as their combined portfolio rose 10% in the second quarter. (Includes three data charts.)