The lender originated $1.64 billion of loans in the first quarter, with plans to hit $1.0 billion in monthly volume by May.

Pennymac typically issues its own non-agency MBS.

The heads of FHFA and HUD were planning to make a "major housing announcement" today, though the press conference was postponed.

Academy Mortgage won an appeal in a case involving attorney's fees associated with a lawsuit filed under the False Claims Act.

Redwood Trust and an affiliate of AmWest Funding are in the market with separate non-agency MBS.

"Record To-Be-Announced activity [in March] was primarily driven by a spike in rate volatility amid heightened macro uncertainty and broader market volatility," Tradeweb said.

“Demand [for mortgages] remains highly rate-sensitive despite increased [housing] inventory,” according to Bob Broeksmit, president and CEO of the Mortgage Bankers Association.

Ellington Financial is set to issue a non-agency MBS with GSE-eligible mortgages originated by Pennymac.

The GSEs plan to announce a new adoption date for the Uniform Closing Dataset during the fourth quarter of 2026.

Fannie said the changes were made in response to feedback from lenders.