The MSR totals are based on February loan production by this particular seller...

The commercial unit accounted for only 2.3% of Annaly's assets as of the end of 2020.

At issue: the freedom of loan brokers under UWM's operating contract...

The slope also remained slippery for home-equity debt outstanding. The Federal Reserve reported $441.6 billion of home-equity loans outstanding at the end of 2020, an 11.9% drop from the previous year.

Refinances account for 83.1% of the collateral. The average interest rate is 3.00%, the average credit score 780...

Fannie and Freddie are earning a ton of money. But that isn't the problem...

Thrifts posted a hefty 11.2% increase in their MBS portfolios, while credit unions boosted their holdings by 7.8%...

The company added: “We cannot predict the continued impact of an increased interest rate environment on our originations or gain-on-sale margins. Further, there is no assurance that these preliminary results will be indicative of our final results for the three months ended March 31, 2021 or in any future period.”