Although the forbearance program was extended by the FHFA, it still looks expensive to lenders at 500 to 700 basis points...

When was the last time the market saw a publicly traded wholesale-only lender?

Once again, the NFIP is on the brink. Will Congress ever get its act together? 

Meanwhile, depositories upped their production game by 48% compared to the first half of 2019...

One last observation: Over the past month we’ve talked to no one who believes 2021 will be a train wreck. Several expect it to be a strong year, just but not as good as 2020…

The only declines in IO production among the group were at non-depositories...

For weeks, there had been unconfirmed rumors that UWM might be contemplating an IPO but the missing ingredient was the SPAC. Based in Pontiac, MI, the privately held UWM, ranks third among all originators, according to figures compiled by Inside Mortgage Finance.

Demand for new non-QM MBS has returned to the levels seen before volatility in March prompted a pause in issuance.

The acquisition includes Cohen’s servicing and asset management clients and roughly 120 employees.