The mortgage industry fallout if Congress and the White House fail to raise the debt ceiling: Zillow predicts 8.40% interest rates on 30Y FRMs.

Margins jumped but MSR markdowns overwhelmed UWM's income in the first quarter.

While correspondent sales of FHA/VA loans declined in 2022, Veterans United increased its sales volume.

As interest rates declined, applications increased...

Finance of America Companies has been selling off various units to focus on reverse mortgages.

Survey says: An increased number of respondents think mortgage rates will go down over the next year...

Correspondent sales of government-insured loans declined by 28.6% on an annual basis in 2022, though Veterans United boosted its sales by 13.8%. (Includes data chart.)

Margins improved while originations declined.

Rithm owns NewRez, Caliber Home Loans and Shellpoint Mortgage Servicing, among other units.

Banks have gone from being reliable buyers of agency MBS to cautious holders of the securities, prompting wider spreads and opportunities for nonbank investors.