The bulk of PennyMac's income in the second quarter of 2022 was tied to servicing.

The REIT paid a $325 million fee to an affiliate of Fortress Investment Group to shift to internal management.

The Urban Institute said pandemic-related forbearances appear to have greatly benefitted consumers.

Housing provisions didn't make it into the Inflation Reduction Act, but there are some positive developments for the mortgage industry on taxes.

Rithm launched its single-family rental operations in 2019 and had acquired 3,285 properties as of the end of March.

Rocket's new home-equity loan; NYCB waiting for regulatory approval on Flagstar merger; homeowners looking for financing for energy efficiency improvements.

Only $2.58 billion of delinquent mortgages were repurchased from Ginnie MBS in the second quarter, a 65.4% decline from the previous quarter.

Redwood took losses on both its long-term investments and jumbo aggregation activity in the second quarter.

Mortgage earnings declined across a group of 24 banks in the second quarter of 2022 as rising interest rates continued to eat into originations and margins. The outlook for the third quarter isn’t great either. (Includes data chart.)

MBA punts on recession forecast; interest rates on mortgages expected to decline; Flagstar merger dragging on; homeowners want mortgage financing for energy improvements.