While originations ticked up for some, gain-on-sale margins declined during the fourth quarter.

“In the near term, we expect volatility to continue and expect rates to remain higher until there are clear signs that inflation is moderating or the economy falters under the weight of pending policy changes,” said Julian Evans, chief financial officer at Cherry Hill Mortgage Investment.

Michelle Bowman has expressed industry-friendly views on various regulatory issues.

The White House wants the head of the CDFI Fund to explain which of its functions are statutorily required.

The decrease marks the ninth quarter of net production losses in the past three years.

The broker share of originations has nearly doubled from where it was in 2017.

Ellington Financial signed a joint venture with an unnamed mortgage originator in the fourth quarter.

Homes for sale that went under contract in February were on the market for an average of 54 days, the longest period for any February since 2020, according to Redfin.

PennyMac has marketed an average of one non-agency MBS with GSE-eligible mortgages for investment properties per month since November.

The freeze was extended to allow a U.S. district court judge to rule on a legal challenge to planned layoffs at the CFPB.