PennyMac founder and Executive Chairman Stan Kurland: "While the correspondent market remains competitive, margins appear to be stabilizing as they were essentially unchanged from the prior quarter at 29 basis points..."

Wells Fargo continues to dominate the servicing arena with a market share of 13.5%, almost double its closest competitor...

Officials at Mr. Cooper said the loss was primarily driven by a negative $293 million net fair value mark on mortgage servicing rights.

New Residential acquired MSRs with a total unpaid principal balance of $49 billion in the first four months of 2019.

To date, Fannie has upstreamed $179.0 billion in quarterly dividends to Uncle Sam versus assistance draws of $118.9 billion, giving it an account surplus of $59.2 billion...

The government-sponsored enterprise booked $1.6 billion in negative marks against its derivatives portfolio, reflecting lower interest rates at March 31...

Meanwhile, Wells Fargo continues to dominate the Ginnie Mae servicing arena with a $277.7 billion portfolio at March 31...

Compared to 1Q18, ABS issuance fell 9.6%.

LendingTree played up the results of its nonmortgage-related businesses and increased its overall revenue forecast for the year.