Volume is well off last week, given the holiday as the focus was on hot dogs and fireworks. A few investors moved into the top 10, though those that remained held their positions. We expect to see volume pick up significantly over the course of this week. We welcome ideas that can improve this content…
The past week’s conventional market share shows large drops in volume and a precipitous drop in market share for Wells (almost 18%) and surges for others. Texas Capital saw a significant increase in conventional investor market share this week, landing in the 4th position; even though Texas Capital was not in the top 10 investors…
Month-to-date lock volume increased a little over 27% as compared to the same time last month on the back of the recent market rally. Interestingly, the purchase-refi mix remained almost identical compared to this the same time last month at roughly 56% purchase and 44% refinance. The distribution of locked loans remained relativity constant as…
Month over month there was a 44% increase in GOVT volume into the >90% LTV / <680 FICO with the largest portion of this shift coming from 60-90% LTV / 720-799 FICO ranges. This shows a marked increase in higher risk credit in the FHA/VA sector as the second quarter closes out. We welcome ideas…
Penny Mac maintained its position at the top even though there was a scramble across the remaining top 10. Wells made a big move into the number two spot while Freedom and Mr. Cooper held their positions in the top four. We welcome ideas that can improve this content – feel free to provide your…
Another strong showing for Wells, raking in over 50% of last week's conventional volume, though off slightly versus prior week. Suntrust showed impressive pickup with Bayview and Colonial cracking the top 10 last week, as well. We welcome ideas that can improve this content – feel free to provide your suggestions by commenting on this…