Repurchases and indemnifications by banks and thrifts for residential mortgages declined by 16.3% on a quarterly basis in the first quarter of 2025.

UWM Chairman and CEO Mat Ishbia said the lender between 2021 and 2023 lowered its profit margins to gain market share.

Notable: There was, however, an increase in the volume of unresolved buyback claims.

Homebridge Financial is hiring in its home equity line of credit area.

The largest servicing gains in the past year were in servicing for Ginnie Mae, whole loans at nonbanks and in non-agency mortgage-backed securities.

One financier said 70% of his customers are making money now, which wasn’t necessarily the case in the January-March period.

The analysis tracks holdings through March 2025. Several REITs subsequently reduced their holdings amid volatility on tariff policies.

The last time there was a meaningful decline was the second quarter of 2021.

Agency securitization of high-balance loans declined by 46.0% on a quarterly basis to $8.70 billion in the first quarter of 2025.

CrossCountry sold 37.8% of its production to unaffiliated non-agency buyers in 2024.