Ginnie MBS investors continue to have concerns about mortgages with permanent buydowns.

Ellington Financial is making investments in lenders that originate non-QMs.

Fed Chair Jerome Powell continued to insist that changes to the federal funds rate will depend on economic trends.

Guild opportunistically increased its market share of originations amid volatility in the first quarter.

Locks for purchase mortgages were essentially level on a monthly basis in May, according to Mortgage Capital Trading.

Recent comments by the FHFA director suggest the Trump administration has no immediate plans to release Fannie and Freddie from conservatorship. Rather, FHFA will continue to focus on fraud and abuse at the enterprises.

Earnings performance improved compared with the fourth quarter.

UWM is investing in tech rather than looking to acquire mortgage companies.

Mortgage applications were up 11% on a weekly basis last week.

UWM took a net loss of $247.0 million in the first quarter, largely due to a $388.6 million drop in the fair value of MSRs.