“This is a sea change,” said Steve Harris, president of MIAC Analytics, New York. “It’s going to get really ugly from here – and I know ugly.”

FHA forbearance is expected to swell in the weeks and months ahead...

But will the central bank act decisively? “Powell’s remarks were encouraging,” one veteran industry lobbyist noted.

Among the top five agency MBS issuers in the first quarter, three were nonbanks: Quicken, PennyMac and UWM, according to exclusive figures from Inside Mortgage Finance...

Some of AG Mortgage Investment Trust's lenders are willing to enter forbearance agreements with the REIT...

However, dark clouds are on the horizon for rate-and-term deals: Refinance applications dropped 19%, reversing a 25% increase the week before.

Among the two largest firms that originate jumbo mortgages through correspondents, Chase is still active while Wells Fargo is on hiatus...

Specifically, Ginnie is permitting a note structure, which allows for the securitization of servicing cash flows through a trust.

FHFA's stance has mortgage bankers perplexed, to say the least...

MBA said its survey covers 22.4 million loans serviced…