The pipeline of unresolved buyback claims also grew during the first three months of the year, although repurchase activity in general remains at subatomic levels.

Compared to the same period a year ago, warehouse lines of credit to nonbanks increased by a mouthwatering 41.9%.

When measured against outstanding first liens calculated by Inside Mortgage Finance – $11.168 trillion – that means $933.6 billion of residential loans have been impaired (to some degree) by the pandemic.

MBA is seeking assurances that nonbank lenders can access the Fed’s Main Street Loan Program.

Now that the merger is off, will Texas Capital's role in warehouse finance change much?

PennyMac executives cited elevated margins across all channels. Also, production volume rose in the more profitable consumer-direct and wholesale-broker platforms...

FHLB advances reached $806.9 billion at March 31, up 25% sequentially...

Jim Parrott: “It seems to me, it would be extremely helpful for them to add non-agency lending as acceptable collateral under these TALF programs, whether at the MBS level or at the loan level."

Bank and thrift holdings of Ginnie Mae MBS rose 5.0% in the first quarter and investment in agency CMOs increased 3.4% from the end of 2019.

“Some companies are higher and some are lower,” said Charbonneau, “but the range has moved up.”