Government-insured production declined slightly during the third quarter, while new business for private mortgage insurers was up 3.8%. (Includes four data tables.)

Sellers are looking to sell mortgage servicing rights before yearend, but at their price, not the buyer’s price.

Rate-term refi deliveries to agency MBS more than doubled on a monthly basis to $25.37 billion in October.

Production and sales revenue lifted mortgage-banking income at a number of banks in the third quarter.

Although most of the large banks reported substantial increases in mortgage-banking income, many mid-size institutions struggled in the third quarter. (Includes data table.)

The agency market is responding to the decline in mortgage rates since early September with rate-term refinance business doubling in October. ARMs and 15-year loans are also surging. (Includes two data tables.)

Big increases in securitization of mortgages on office properties, retail and lodging fueled a 30% increase in non-agency CMBS issuance in the third quarter. Agency multifamily MBS volume was up 4% from the second quarter. (Includes two data tables.)

The spec-pool share of new GSE MBS issuance hit 47.3% in the third quarter.

The biggest bulk transfer in 3Q25: Lakeview Loan Servicing’s purchase of $28.56 billion of MSR from UWM...

Some 36% of the third quarter’s $140.5 billion of bulk MSR transactions came from two big acquisitions by Lakeview Loan Servicing and Freedom Mortgage. UWM and AmeriHome were the respective sellers.