Lenders delivered $98.10 billion of purchase loans into agency MBS last month...

The job losses in the mortgage brokerage community were much less severe: 900 employees were handed pink slips in June...

At June 30, the REIT held non-qualified mortgages of roughly $1.24 billion...

The results, released after the closing bell Thursday, also revealed a respectable 2Q22 gain-on-sale margin of 292 basis points...

The rate reprieve isn’t enough to eliminate the staff reductions that are now going on at most shops.

Three of the five largest services saw their portfolios shrink in the second quarter.

Income from MSR markups declined and origination units took losses in the second quarter.

Two Harbors Investment is buying RoundPoint Servicing from Freedom Mortgage, paying the tangible net book value of RoundPoint plus a premium of $10.5 million.

A recent paper published by the Federal Reserve in June found including purchases of low- to moderate-income loans in a bank’s Community Reinvestment Act lending test benefited banks’ rating but didn’t increase the flow of mortgage credit to low- to moderate-income communities.

Sprout Mortgage, a non-QM lender, had a $10 million tax liability with the Internal Revenue Service when it closed its doors in July, according to interviews by Inside Mortgage Finance and supporting documents.