Correspondents held a market share of 27.1% in 4Q20, an increase of 189 basis points from 3Q. The gain came at the expense of the retail channel, whose market share dropped to 57.6%. Brokers held steady at 15.3%.
IMF's Agency Channel Analysis: 4Q20 delves into the channel usage of more than 1,600 lenders, reporting on the volume of originations they sourced from each channel for delivery to the three agencies.
From the big players like Quicken, PennyMac and Wells Fargo to smaller community banks and credit unions, Agency Channel Analysis: 4Q20 breaks down what channel combinations are being used to fill the pipeline.
The data in this quarterly report are presented two ways for your convenience: (1) ranked by the lender's overall volume and (2) alphabetically by company name. For each lender, origination volume is broken down within channel by purpose and includes averages by channel for these loan characteristics:
FICO score
Debt-to-income ratio
Loan-to-value ratio
Loan size
OrderAgency Channel Analysistoday and use the data to plot out your own best channel choices!
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