“Much of that is seasonality,” said David Spector, chairman and CEO of PennyMac Financial Services.

Nonprime servicing volume among companies in the analysis has increased every quarter since 2020.

The bill would cap purchases under the VASP program to 250 loans annually.

“We continue to see nearly zero [non-QM] loans hit the liquidation stage,” dv01 said.

“The government’s being run by great people, they’re going to do great things going forward,” said Mat Ishbia, chairman and CEO of United Wholesale Mortgage.

The Federal Reserve remains on track to cut the federal funds rate only one time this year, according to Mike Fratantoni, an executive vice president and chief economist at the Mortgage Bankers Association.

Guild generated only $800 million of net income from its origination segment in the fourth quarter.

Anthony Hsieh, chairman, founder and controlling shareholder of loanDepot, is returning to senior leadership as executive chairman of mortgage originations at the nonbank.

To this point, identifying loans for voluntary partial cancellation has been done manually.

The largest pending change to the MCR is that it will support implementation of prudential standards.