MFA Financial took a large loss in the first quarter as rising interest rates reduced the value of non-QMs on the REIT’s balance sheet. Lima One, a business-purpose lender now owned by MFA, was a bright spot.

Barclays sourced many of the mortgages in the MBS from Invigorate Finance, an aggregator founded in March 2021.

An estimated $131.0 billion of jumbos were originated during the period after three quarters of elevated production.

Those MSR acquisitions, by the way, have been prescient for Mr. Cooper...

The ban on cryptocurrencies isn’t just on the borrower side of the transaction...

Volume increased in the risk-transfer deals issued by Freddie and Fannie. However, unpaid principal balance on the covered pools declined. (Includes data chart.)

Moody’s downgraded some of the tranches in loanDepot’s outstanding warehouse financing securitizations even after the company modified the transactions’ governing documents to meet new criteria.

Ginnie Mae President Alanna McCargo wants small banks, credit unions and community development financial institutions to have access to the Ginnie securitization program.

Small lenders may be able to avoid some of the margin requirements by diversifying the pool of broker-dealers they use for hedging.

The nation’s two largest “mREITs,” Annaly and AGNC, continued to shrink their securities holdings in the first quarter, but with the Fed moving to the sidelines, that trend could be ending.