It’s not every day the warehouse lending arena snags a new entrant, but Signature Bank is sitting on a ton of cash in search of a home.

Originations remained strong in 1Q21 but GOS suffered. The good news: MSR owners had a golden opportunity to mark up the asset.

Critics argue that the goals, as currently structured, don’t offer much assistance to low- and moderate-income borrowers or mortgagors of color.

First-lien mortgage originations climbed 3.2% from the fourth quarter, hitting an estimated $1.305 trillion in the first three months of 2021. Agency lending continued to dominate the market. (Includes two data charts.)

In January, the FHFA and Treasury limited the GSEs’ purchases of mortgages for investment properties and second homes to 7% of single-family acquisitions. Implementation of the cap is hitting lenders.

Certain loan brokers aren’t happy with wholesale giant UWM over its “us or them” edict. A lawsuit has been filed. More could be on the way.

Okay, industry consolidation is arriving. But what about prices? Also, more refis could be on the way, courtesy of the GSEs.

Seven depository bellwethers have released mortgage origination figures for 1Q21. Overall, production increased from the fourth quarter but the devil is in the details.

With regard to ending PSPA purchase restrictions imposed on the GSEs, the FHFA director said it would depend on capital.

Blend, a behind-the-scenes player in mortgage finance, hopes to go public. Will the market greet it with open arms or indifference?