Chart of the Week: Retail Channel Mortgage Pull-Through

At last month’s MBA Annual Convention and Expo in Las Vegas, lenders discussed and debated ways to reduce origination costs and increase  productivity by investing in more modern technology, refining the use of technology, and making the loan production process more efficient. Improved servicing recapture and offering a greater variety of non-agency loan products were also explored as ways to achieve scale and spread fixed costs over more origination volume.  

Mortgage Delinquencies Decrease Slightly in the Second Quarter

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.93% of all loans outstanding at the end of the second quarter, according to MBA’s National Delinquency Survey.

Mortgage Delinquencies Increase Slightly in First Quarter

The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 4.04% of all loans outstanding at the end of the first quarter, according to MBA’s National Delinquency Survey.