The origination slowdown is finally here, but for now it's not so bad...

The switch to the new standards created some complications for single-closing construction-to-permanent loans and other products...

With mortgage rates climbing for most of the year, a pullback in refinance activity was expected.

Acting Director Uejio: "For example, women- and minority-owned small businesses faced more severe economic consequences than their White counterparts, and Black and Hispanic homeowners were less likely to receive mortgage relief and forbearance.”

Most expanded-credit deals issued this year have been stocked with pre-pandemic loans...

First-timer loans with private mortgage insurance slipped to 38.6% in the first quarter, down 9 basis points, while the share of FTHB loans with no MI was basically unchanged.

Overall, the average pre-tax production profit totaled 124 basis points in 1Q21 more than double the year ago reading of 61 bps. The 4Q20 measurement: 137 bps...