Sales of purchase loans with private MI coverage fell 21.7%, while Ginnie recorded somewhat more modest declines in FHA (16.0%) and VA (18.0%) volume.

The tide has turned on new loan applications, at least for now...

The combined overall delinquency rate for Fannie and Freddie dropped to 2.57% at the end of March...

The game is on: Ginnie Mae buyouts for loss mitigation/foreclosure purposes spiked in 1Q21 to $9.7 billion...

Fannie’s RPL activity has consisted entirely of whole-loan sales. Freddie, on the other hand, continues to focus its RPL activities on the securities side of the business.

Amazingly, there were no bulk transfers of Ginnie MSRs. None.

Historically, rich and poor borrowers have had roughly the same likelihood of refinancing: a probability of 1.14%.

On the home-equity lending side of the aisle, the San Francisco-based bank funded $623.6 million worth of seconds, a slight increase from 4Q20...

JPMorgan Chase was the top issuer of prime non-agency MBS with $4.08 billion in first-quarter issuance...

The termination fee on the NRIC-Caliber deal: $25 million.