On a pre-tax basis, PennyMac’s production segment generated $39.4 million in income in the fourth quarter, up 56.3% from the previous quarter.

The impairment rate on securitized non-QMs increased by more than 100 basis points between August and December.

FHA’s share of the primary mortgage insurance purchase business grew from 25.7% in 2022 to 32.1%.

United Wholesale Mortgage is offering a 100-basis-point pricing incentive for conventional rate/term refis.

A close reading of the Federal Open Market Committee’s statement Wednesday suggests that the Fed’s next move will likely be a cut, according to the MBA.

The commission structure for real estate agents is poised for a shakeup in the wake of the legal issue facing the National Association of Realtors.

Incenter is marketing a sale of GSE MSRs with a total unpaid principal balance of $15.06 billion.

This year's scorecard includes more focus on the multifamily businesses of Fannie Mae and Freddie Mac.

The bank's gain-on-sale margin fell from 59 basis points in the third quarter of 2023 to 32 bps in the fourth quarter.

One chief concern: Warehouse borrowing covenants have been breached.