Just $1.03 million of Ishbia’s pay was in the form of stock awards.

Incenter, like every advisory firm, sees a bull market for MSR sales.

An estimated $355.0 billion of mortgages were originated in the first quarter of 2025, up 10.9% from the same period a year ago.

Much of the swing was tied to a decline in the value of mortgage servicing rights.

PrimeLending took an $8.3 million pre-tax loss in the first quarter of 2025.

“We were able to navigate that by basically just doing nothing and allowing the market to sort of go through what it had to go through,” said Peter Federico, president, CEO and chief investment officer of AGNC Investment.

Sales of existing homes declined in March on a monthly basis and compared with March 2024.

CrossCountry contributed $942.1 million in loans to expanded-credit MBS issued during the first quarter of 2025.

Mr. Cooper's subservicing declined during the first quarter of 2025 as some customers left following Mr. Cooper's acquisition of Flagstar Bank.

The bank will shift from lending in 30 states to focusing on customers in its branch network in Florida.