The vehicle-finance sector hit a pothole as new issuance skidded 26.0% from the first quarter to $21.61 billion. But that represented 62.9% of new ABS production for the second quarter.

In general, the nature of the non-agency market makes it difficult to standardize practices across the industry, let alone in individual MBS.

One mortgage CEO suggested LOs might spend their hard earned money on a new Tesla or maybe a beach house...

The top gainer among the 20-largest originators: Guaranteed Rate of Chicago...

The call-report figures generally track buyback trends documented by Fannie and Freddie, though the bank figures may include repurchases and indemnifications linked to other buyers.

NRIC’s mortgage banking affiliate, NewRez, funded $8.3 billion of residential loans in 2Q20, a sequential decline of 27.2%...

Mortgages with credit scores of 740 and up accounted for 72.69% of GSE refi business, up from 65.55% in the first quarter.

The mortgage sector, which has been saddled with pandemic-related forbearance issues, has fallen off the complaint curve...

Even loans that fall into the “other” category (portfolio and private-label loans mostly) dropped: 10.41% from 10.93% on July 5.

After overtaking Wells in the first quarter of 2020 as the top lender in the nation, Quicken widened its lead.