Some financiers reported usage rates below 30%...

The three states leading in the collateral count: North Carolina, Texas and California. Bids are due Feb. 24.

Piper Sandler on loanDepot: "In our view, the stock is pricing-in a very long downturn in the mortgage market"...

MBS trading resumed at a measured pace in January, but for now uncertainty rules the roost. The FOMC meets next month. Strap in that seat belt.

Still some milk left in the EBO cow? As Jay Bray of Mr. Cooper put it: “With forbearance programs winding down, the EBO opportunity is rapidly diminishing.”

Warehouse finance was a great business to be in the past two years. But with rates rising and primary market originations slipping, all bets are off. The spring homebuying season should bring some relief. (Includes data chart.)

Roughly 85% of the loans are 30-year FRMs...

Silvergate Bank is a non-QM warehouse financier and facilitates digital currency trades...

The mortgage fintech revealed nine-month results but where’s 4Q21? Hard to say. Bottom line: More red ink is expected.

A great time to sell mortgage servicing rights? Indeed. Meanwhile, Home Point has hired ServiceMac to be its third-party loan processor...