Most publicly traded banks reported rising mortgage banking income during the second quarter as production volume and gain-on-sale margins rose. But several industry leaders couldn't gain traction. (Includes data chart.)
Ginnie once again ranked as the top agency issuer in July, but all three agencies saw declining volume in purchase and refi business. (Includes two data charts.)
Chase didn't back into the top servicer ranking, it blew past Wells Fargo in the second quarter. But Mr. Cooper Group has its eyes on the $1 trillion mark. (Includes three data charts.)
Total ABS issuance in the first half of 2023 was running slightly below the level of a year ago, but the key markets — vehicle and business finance — were both up as of the end of June. (Includes two data charts.)
Most top lenders reported substantial increases in first-lien originations during the second quarter. But the rebound in production doesn't appear to have lifted mortgage banking income much. (Includes two data charts.)