The lender originated $1.64 billion of loans in the first quarter, with plans to hit $1.0 billion in monthly volume by May.

Pennymac typically issues its own non-agency MBS.

The heads of FHFA and HUD were planning to make a "major housing announcement" today, though the press conference was postponed.

MBA wants the reporting threshold for HMDA to be increased to reduce burdens on lenders.

Academy Mortgage won an appeal in a case involving attorney's fees associated with a lawsuit filed under the False Claims Act.

Redwood Trust and an affiliate of AmWest Funding are in the market with separate non-agency MBS.

Brian Vieaux, president of MISMO, said the dataset aims to make it easier for aspiring homeowners to succeed by creating a standard shared language that can be used between counselors, lenders and the broader mortgage ecosystem.

"Record To-Be-Announced activity [in March] was primarily driven by a spike in rate volatility amid heightened macro uncertainty and broader market volatility," Tradeweb said.

The share of high-LTV purchase loans delivered to the GSEs rose nearly 100 basis points to 47.52% in the first quarter, according to an Inside Mortgage Trends analysis of mortgage-backed security disclosures.