Late payments are at an historic low as the economy hums along with near-full employment, Inside Mortgage Finance’s loan performance survey shows. (Includes data chart.)

Mortgage late payments were down in all default categories in 3Q22, with the exception of the 60-90-day bucket...

Broker-reliant United Wholesale Mortgage edged out Rocket, which prefers the retail channel, for the top spot in agency loan sales amid plummeting volume and deteriorating credit quality. (Includes data chart.)

Most junior-lien outstandings are parked on the balance sheets of federally insured depositories...

Home-equity originations rose sharply in the second quarter as robust housing value growth and soaring interest rates formed a perfect environment for tapping equity by way of second-lien mortgages. (Includes three data charts.)

Ginnie Mae MBS issuance declined again in August as refinances and VA securitizations contracted. PennyMac continued to top the issuer ranking. (Includes two data charts.)

Loan sales to Fannie Mae, Freddie Mac and Ginnie Mae plummeted further in the second quarter as desperate lenders tried to boost volume by easing credit quality standards. (Includes one data chart.)

loanDepot, the nation's seventh largest home lender, is reducing its funding facilities...

The decline in both lending programs was focused on refinances.

FHA and VA endorsements shrank more than 19% in the first quarter as interest rates climbed. Those who made a quick switch from refi to purchase business thrived. (Includes three data charts.)