The correspondent channel accounted for 47.5% of FHA/VA originations in 2023, up from a 46.8% share in 2022, based on volume from a subset of lenders that produced the majority of FHA/VA volume.

On an annual basis, the holdings increased by 3.2%.

In 2021, while serving as FoA's president, Fleming's pay package totaled $17.6 million...

Loan trader Tad Dahlke said he’s seeing a pickup in delinquencies on non-QMs as well as Ginnie Mae loans...

The securitization rate for residential mortgages was 72.1% in 2023.

Wells was largely done with purchasing jumbo loans through the correspondent channel by the end of the first quarter of 2023.

Earnings from both originations and servicing took another hit in the fourth quarter of 2023.

The industry’s aggregate trading-account portfolio, which is measured in fair value, has been growing since the start of 2022.

Retail properties accounted for 68.5% of total losses...

Most lender buybacks are linked to mortgage-backed securities issued within the past two years.