Banks, combined, handled $3.15 trillion in mortgage servicing for others as of the end of March...

Mr. Cooper foretold of layoffs in a recent SEC filing...

An ominous sign: Agency issuance over the first five months of 2022 totaled $921.38 million, down 44.0% from the same period last year.

The top three refi originators in 1Q22: Rocket Mortgage, Wells Fargo and United Wholesale Mortgage...

The nonbank revealed it anticipates “roughly break-even net income” for the second quarter, excluding potential mark-to-market gains on its massive MSR holdings...

The refi share in the latest measurement came to 32.3%...

The decline in both lending programs was focused on refinances.

As mortgage originations declined in the first quarter of 2022, lenders loosened underwriting standards.

Fun fact: Banks continued adding MBS to their portfolios even though they had to write down the value for most of their holdings.

Since the beginning of 2021, $40.25 billion of ECM mortgage-backed securities have come to market...