MBA, like many trade groups, was forced to cancel the in-person portion of all shows dating from the spring of 2020...

In the broker segment, new hiring for the month improved by 3,200 heads to 124,800. Both the banker and broker readings represent 10-year highs and then some.

Most of the gain came from three top institutions and in one specific category: ABS backed by consumer loans...

Just how hot is the IPL market? Two well-regarded Wall Street firms — Credit Suisse and Goldman Sachs — brought out their first deals of the year...

Wells Fargo's jumbo servicing portfolio declined by 2.5% to $242.25 billion...

Dave Worrall of LoanCare: “It will be interesting to see how the delinquency numbers change as the [foreclosure] moratoriums end.”

Fannie Mae said its mortgage servicers are authorized to offer payment forbearance for up to 90 days to those impacted by Hurricane Ida, even if they don’t hear from the homeowner — that is, if the servicer believes the homeowner was affected by the disaster.

Lenders are seeing increased demand, and many have loosened underwriting standards, helping to boost volume.

For the most part, the uniform MBS 2.0 (Fannie Mae/Freddie Mac) remains the industry’s benchmark as lenders continue to produce new loans —and MBS — at a decent clip but under a cloud of lower profit margins.

The Dow can be unforgiving on nonbank mortgage stocks...