Agency MSR transfers declined by 27.5% in the fourth quarter, to $219.05 billion

Home sellers are now more willing to consider bids tied to FHA and VA mortgages.

ICA is working on roughly $50 billion of MSR deals...

It's only the second jumbo MBS in the market thus far in January.

Rate locks declined by 14% on a monthly basis in December, driven by fewer locks for purchase mortgages.

The dollar volume of mortgages going to Fannie Mae and Freddie Mac declined by 47.3% compared with 2022.

During the COVID crisis Stevens served as an unofficial policy advisor to elected officials and regulators, making the case for interest rate cuts and liquidity measures.

U.S. Bank generated $137 million in mortgage-banking revenue in the fourth quarter, down 4.9% from the third quarter.

The case will determine the extent to which federal regulators can preempt state laws.

Applications for purchase mortgages in early January were down 20% on an annual basis.