Some non-QM lenders weathered market volatility in March 2020 without halting production while others took a few months off. Now, two of the top players in the sector are ready to increase production.

The conventional-conforming market — most of which is sold to Fannie and Freddie — accounted for 70% of first-lien originations in 2020. (Includes two data charts.)

New Residential posted a net income of $68.6 million in the fourth quarter; Ocwen continued its losing streak, coming up $7 million in the red.

Besides being fun to watch, Super Bowl commercials give a peek into what businesses are thinking. This year’s big game had ads from Quicken Loans and United Wholesale Mortgage.

Mike Fratantoni, chief economist at the MBA, predicts that with the rollout of vaccines for the coronavirus, the leisure and hospitality business will recover, resulting in forbearance and delinquencies curing.

With Wells Fargo being less aggressive these days, mortgage competitors feel emboldened to make offers to its best and brightest. A temporary situation?

Mortgage companies across the country may have hired processors and underwriters based on fraudulent resumes.

Mortgage production exploded in the second half of the year, pushing 2020 past the all-time high set back in 2003. Agency business and nonbanks saw the biggest gains. (Includes two data charts.)

Record loan production translates into record paychecks for CEOs. Right? If there’s an IPO involved, yes, but there are exceptions. (Includes data chart.)

Volatility in the secondary market for non-QMs receded within two months but originations are still nowhere near pre-pandemic levels. Reason: lenders focusing on agency refis.