Due partly to the pandemic, which had an outsized negative impact on non-agency lending, the jumbo sector saw its share of overall originations drop to just 9.7% in 2020 from 16.7% in 2019.

At year-end, REIT MBS holdings were down 25.2% from the comparable period in 2019. While industry-wide growth was tepid in the fourth quarter, several institutions upped their investments significantly.

Refinances accounted for 55.4% of Ginnie volume last month. Purchase-mortgage business was down 2.2% from December...

Not only was PennyMac Financial able to up the deal size from $500 million, but its cost to borrow came in at 4.25% per year.

The VA share of new primary MI business jumped from 25.2% in 2019 to 30.9% last year...

Never in the annals of mortgage banking has one nonbank ever put together a half-year where net profits landed north of $5.25 billion. Note: Quicken’s gain-on-sale margin for 4Q20 was calculated at 441 basis points compared to 578 bps in 3Q20.

“The number of primary delinquent loans was 55,537 as of December 31, 2020, compared to 62,737 as of September 30, 2020 and 21,266 as of December 31, 2019,” Radian noted in its earnings report.

Of course, just because the 10-year moves that doesn’t mean mortgage rates will follow in lockstep.

Mr. Cooper originated $24.5 billion of mortgages, a handsome 56.2% improvement from 3Q20.

MFA Financial took a large loss in 2020. Overall, the company didn't acquire many non-QMs during the fourth quarter...