Best Month This Year For Fannie
New business rose to the highest level this year at the Federal National Mortgage Association, while delinquency was at its lowest level in nearly six years.
Guild Sees Healthy Year-Over-Year Performance
Compared to a year earlier, Guild Mortgage Co. turned in strong origination performance relative to its peers. Meanwhile servicing and staffing grew.
Provident Originations, Servicing Up, Staffing Off
Although there was a quarterly blossoming in originations and servicing, Provident Funding Associates LP fell short of a year earlier. Employee headcount was off but up slightly in the yearly comparison.
HomeStreet Mortgage Originations Soar
Quarterly residential lending activity shot up at HomeStreet Inc., and the company expects full-year activity to exceed last year's production level.
Quarterly Gains in Quicken Originations, Servicing
Quicken Loans Inc. made a gain in its quarter-over-quarter originations, though not quite as much as the industry overall. Meanwhile, Quicken's mortgage servicing portfolio was modestly higher, and staff numbers held up.
FHA Business Inches Up But Poised to Slip
Monthly government-insured mortgage originations move up but could retreat based on new applications. Delinquency on government home loans worsened.
Big Jump in McLean Mortgage Originations
McLean Mortgage Corp. steamrolled ahead with new business as its loan originations leapt by nearly three-fourths on a quarter-over-quarter basis.