Fannie said 20 companies participated in the CIRT transaction...

Among the critics of the newly issued capital framework: Don Layton, Freddie Mac's former CEO...

Wells Fargo led the jumbo pack in 1Q20 but its volume fell 23.1% on a sequential basis...

Fun fact: Refi applications are up 176% from last year.

The pipeline of unresolved buyback claims also grew during the first three months of the year, although repurchase activity in general remains at subatomic levels.

Compared to the same period a year ago, warehouse lines of credit to nonbanks increased by a mouthwatering 41.9%.

When measured against outstanding first liens calculated by Inside Mortgage Finance – $11.168 trillion – that means $933.6 billion of residential loans have been impaired (to some degree) by the pandemic.

MBA is seeking assurances that nonbank lenders can access the Fed’s Main Street Loan Program.

Now that the merger is off, will Texas Capital's role in warehouse finance change much?

PennyMac executives cited elevated margins across all channels. Also, production volume rose in the more profitable consumer-direct and wholesale-broker platforms...