While the staggering $2.6 trillion of refinance originations in 2020 captured most of the industry's attention, the purchase-mortgage market also hit an annual record of $1.4 trillion. (Includes five data charts.)

Warehouse providers racked up $137.0 billion of commitments at year end, arming nonbanks with the credit they needed to make a record amount of new loans. A repeat performance in 2021? Probably not, but a good year nonetheless is expected. (Includes data chart.)

As interest rates increase, Quicken anticipates lenders will reduce capacity, providing an opportunity for the nonbank to gain market share.

Trade groups representing appraisers said the proposed automated valuations are really just rebranded desktop appraisals, not too dissimilar to the ones that helped crash the housing market in 2008.

The powerful consumer regulator said extending the compliance date of the general QM final rule will give lenders more time to use the GSE “patch.”

Shorting mortgage stocks seems like an easy way to make money, Right? Don’t bet on it, especially when insiders own most of the shares.

State regulators in 2021 plan to establish a streamlined examination process for nonbanks, as well as string together standards for servicers.

A new reality is settling into the mortgage industry, one driven by higher rates and lower profit margins. Fasten your seat belts.

A change in plans for Caliber’s MSR sales? Looks that way but bidders will get another shot. Meanwhile, servicing values are firming up.

Correspondent and wholesale-broker production made bigger gains from the third to the fourth quarter, but retail was the runaway winner in 2020. (Includes six data charts.)