MBS trading has improved as investors and traders weigh the landscape. One positive: a benign inflation reading this week. But is this a head fake before worse news appears?

Another long-time player is exiting warehouse lending. The twist: There’s nothing wrong with Flagstar’s nonbank business. The problem is that the depository is owned by NYCB, which needed an investor-infusion earlier this year.

An increase in MSR values was the order of the day during the first quarter, but the markups were not significant. And some lenders had slight declines. The good news: Origination profit margins improved.

The sale effectively takes Flagstar out of the warehouse lending arena.

Better's gain-on-sale margin improved to 237 basis points in 1Q24 from 203 bps for all of 2023...

At March 31, U.S. Bank owned $347.7 billion of MSRs, ranking ninth among all servicing owners.

Smith's resume includes stints at Caliber Home Loans and Mission Loans...

In the first quarter, Guild did not disappoint, posting a GOS of 364 basis points...

The Irvine, CA-based lender has teamed up with a money manager to buy non-QMs.

Acra is once again entertaining the idea of issuing MBS through its own shelf. The wholesaler has also teamed up with a money manager.