One ominous sign for both USB and the overall industry is the bank’s mortgage application reading...

Meanwhile, the share of low-risk loans — those with credit scores above 700 — dropped to 68.5%...

Rice Park said it wants to “build a large scale and durable MSR investing business.”

The weighted average coupon of Truist's MSR portfolio: 3.44%...

Advocacy groups representing these underserved markets sharply criticized the plans, arguing the GSEs actually proposed reduced loan targets...

The biggest growth was in securitization of recently originated jumbo loans and expanded-credit mortgages.

Sen. Bill Hagerty, R-TN, also got in the mix, pointing out that the Housing and Economic Recovery Act doesn’t envision indefinite conservatorships...

Both banks reported lower gain-on-sale margins in 4Q21, a reflection of stiffer competition in the primary market.

The issuers largely sourced loans for the MBS from affiliated lending units.

HUD calculates $384.7 million in refunds was unclaimed as of June 16, 2020.