Falling rates? Didn't see that coming...

Wells Fargo and JPMorgan Chase, the largest bank mortgage lenders, reported significant increases in the first quarter. But PlainsCapital Bank and Federal Savings Bank both posted double-digit declines.

As MBA Chief Economist Mike Fratantoni pointed out: new business fell to the lowest level in almost 18 months.

Correspondent production of jumbos spiked 53.3% from 4Q20 to 1Q21, fueling a 2.6% increase in total jumbo lending.

How many consumers will seek a modification due a COVID hardship remains to be seen. Forbearance readings continue to drop...

The CFPB says most mortgage branches are located in predominantly white neighborhoods...

Then again, Fannie and Freddie don’t buy everything that’s eligible. In recent months, there has been a burst of non-agency MBS issuance backed by GSE-eligible loans...

For some sellers, the curbs don’t represent much of a bump in the road. For Quicken Loans, the top GSE seller over the 12-month period, investor/second-home loans were roughly 5.5% of its sales to both Fannie and Freddie.

Ball game over for depository residential originators?

It’s not uncommon for home-equity lending to take a back seat when first-lien refinancing is running hot but the refi market appears to be waning...