Servicing outstanding increased by 2.8% on an annual basis as of the end of the first quarter of 2025. The largest gains in servicing during that time were seen at Ginnie Mae, whole loans at non-depository institutions and non-agency mortgage-backed securities. (Includes two data tables.)

Wells Fargo has the freedom to increase activity in various financial products now that the bank is out from under an asset cap. And officials at the bank have plenty of plans for growth, but not with mortgages.

Bayview to acquire Guild; Senate approves trigger leads bill; REIT to acquire non-QM lender, Fairway to acquire retail lender; trade groups seek exemption for real estate from potential new tax.

The transaction covers a pool of mortgages with an unpaid principal balance of $6.4 billion.

How are residential construction folks feeling these days? Answer: Not so good...

The planned securitization is slightly larger than the $310.6 million deal the nonbank issued at the end of April.

Sales of new homes declined by 12% on a monthly basis in May, according to projections by the MBA.

Annual home price appreciation slowed to 2.1% in May, the lowest level seen since March 2012.

The last time there was a meaningful decline was the second quarter of 2021.

There’s a $381.4 million expanded-credit MBS and a $309.3 million jumbo MBS.