“The number of primary delinquent loans was 55,537 as of December 31, 2020, compared to 62,737 as of September 30, 2020 and 21,266 as of December 31, 2019,” Radian noted in its earnings report.

According to Inside Mortgage Finance, some of the GOS declines suffered by individual shops have been steep, to say the least.

Michael Nierenberg of New Residential Investment Corp. expects non-QM lending to be a bigger part of the firm's business going forward...

Of course, just because the 10-year moves that doesn’t mean mortgage rates will follow in lockstep.

The bottomline: The current QM standards, including the GSE patch, will remain in effect.

Mr. Cooper originated $24.5 billion of mortgages, a handsome 56.2% improvement from 3Q20.

MFA Financial took a large loss in 2020. Overall, the company didn't acquire many non-QMs during the fourth quarter...