The culprit: a downturn in purchase-mortgage activity...

The first quarter of 2021 still ranked as the second-highest quarterly volume for the two GSEs...

For the week ending March 30, the relief count dropped by 33,000 units. Key point: Forbearance starts fell to their lowest weekly volume (30,000) since the beginning of the pandemic…

In 2020, American Advisors Group was the top reverse mortgage originator in the U.S., with $4.09 billion...

Fun fact: Ginnie Mae regularly captures 95% or more of new FHA and VA loan production...

In a research note, Keefe, Bruyette & Woods said that following Gilbert’s stock sale his interest in Rocket Companies will drop to 93% from 94%.

The number of complaints in the annual report submitted to Congress is substantially higher than figures reported on the bureau’s public-facing website...

Trends varied at the three big banks in the jumbo market. Wells Fargo, for instance, paused originations of the loans through correspondents in the second half of the year...

Meanwhile, industry consultant Christopher Whalen noted, “What a difference a year makes. Twelve months ago, some of the industry’s largest independent mortgage banks were in danger of tipping over due to the liquidity wave unleashed by the FOMC in response to COVID."

PennyMac Financial was, hands-down, the top producer in the correspondent channel with $60.51 billion, a 24.2% increase from 2019.