The two REITs have seen success even as profits from mortgage lending decline thanks to diversification efforts involving business-purpose lending and venture capital investments.

NRZ's Michael Nierenberg didn't whitewash it: “We are in a horrible market for mortgage originations.”

Wells Fargo received the highest number of applications for jumbos and had an overall jumbo denial rate of 14.3%.

MFA was holding whole loans with an average unpaid principal balance of $8.3 billion at the end of March.

In 2019, UWM CEO Mat Ishbia took home a whopping $17.9 million…

The MBS contain mortgages from a variety of lenders, including newer production and loans originated more than two years ago.

No secret here: Annaly is becoming a player in the non-agency whole loan market...

The increase in expanded-credit MBS issuance in 1Q22 was driven by non-QMs...

Riverbend Funding originated more than $1.0 billion of bridge loans over the past 12 months...

Another factor: the drop in repurchases appears to be driven by improvements in delinquency rates.