Loans that didn’t meet Qualified Mortgage requirements accounted for a much smaller share of bank originations last year. But third-party and first-time homebuyer share widened.

Banks originated 81 percent of their residential loan production through the retail channel during 2016. Retail share was more narrow than 83 percent the prior year.

Wholesale-correspondent lending share widened to 11 percent last year from just 7 percent in 2015. The Internet origination channel share slipped to 6 percent from 7 percent.

Source: Mortgage Daily