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...

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

Close to 40% of loans in a planned non-QM MBS from Starwood Non-Agency Lending are subject to COVID-19-related forbearance. The relief rate on a deal from Verus Mortgage Capital is 7%.

At an estimated $106 billion, wholesale-broker production represented 15.8% of first-lien originations in early 2020, the sector’s biggest share since the financial meltdown...

Next stop: The Fannie/Freddie re-IPOs?

Citadel has contributed non-QMs to MBS issued by other firms while never issuing its own security. Meanwhile, an MBS from MFA Financial with loans from Citadel is on hold.

FHA's policy statement could see the light of day next week, or not...