Banks and thrifts generated $51.76 billion in interest income from MBS investment last year.

The three states leading in the collateral count: North Carolina, Texas and California. Bids are due Feb. 24.

Piper Sandler on loanDepot: "In our view, the stock is pricing-in a very long downturn in the mortgage market"...

MBS trading resumed at a measured pace in January, but for now uncertainty rules the roost. The FOMC meets next month. Strap in that seat belt.

Still some milk left in the EBO cow? As Jay Bray of Mr. Cooper put it: “With forbearance programs winding down, the EBO opportunity is rapidly diminishing.”

The GSEs combined netted $7.93 billion in fourth-quarter profits on $13.21 billion in net revenue while shrinking their retained mortgage portfolios by $4.45 billion. (Includes data chart.)

Acting Comptroller of the Currency Michael Hsu said the OCC will continue to ensure banks are not used as a vehicle for "rent-a-charter" arrangements.

Ginnie Mae has added a “green status” field to its multifamily MBS disclosures, its first environmental, social and governance disclosure in the multifamily space.

For the full year, the wholesale channel accounted for 15.0% of originations, correspondent 21.6%...

Based on trends from prior years, roughly $25.0 billion of mortgages above the 2021 conforming loan limit would have been expected to be delivered to Fannie and Freddie in January...