The top three jumbo originators in 2Q20 were all megabanks: Wells Fargo, Bank of America and JPMorgan Chase. The only nonbank among the top-10: Quicken...

Black Knight said the Fannie/Freddie forbearance measurement fell by 15,000 units while the FHA count increased by 5,000. The private-label/portfolio tally rose by 10,000 loans.

The general consensus is that this new loan-level price adjustment will not be killed outright but very well could be moved back by at least 60 days from its current Sept. 1 implementation date. This would allow lenders facing rate-lock hits to avoid financial damage…

Among the largest servicers, delinquencies increased sharply for some and actually declined for others. However, the differences are tied to how servicers classify mortgages in forbearance...

For the third consecutive quarter, VA production exceeded FHA activity – and the margin widened significantly...

In the PIMCO deal, the loans have seasoned for an average of 14 months and 21.7% of borrowers are on forbearance/deferral plans.

Most of the gain was in agency mortgage securities, which rose $82.6 billion to $2.148 trillion...

Production of deals backed by commercial real estate loans fell 27.9% in the second quarter...

In a nutshell, retail lenders gorged on refis: Roughly 62.8% of refi loans securitized by Fannie Mae, Freddie Mac and Ginnie Mae during the second quarter came through the channel...

Gain-on-sale margins went through the roof in the second quarter for all involved...