Annaly's net income declined by almost 60% on a sequential basis in the second quarter.

The federal government should move forbearance to the front of the loss-mitigation waterfall, researchers at the Urban Institute proposed. A similar policy during the pandemic did more good than harm, they found.

Freddie’s income declined by 35% in second quarter; home price appreciation chugged along; loan applications at low levels; delinquencies increase.

Spreads are widening on CRT products, indicating a lack of investor interest. Simultaneously, the GSEs are reducing their deal sizes and issuance is expected to decline.

Net income at Mr. Cooper Group declined by 77.1% on a sequential basis to $151 billion in the second quarter.

Volume was down nearly 60% from the first three months of the year as investor demand plummeted.

The REIT's ongoing losses were driven by volatility in interest rates amid actions by the Federal Reserve, which lead to lower values for agency MBS.

Originations at the bank were essentially flat in the second quarter while margins dropped.

After three months of declines, mortgages delinquencies increased in June.

Issuance of prime non-agency MBS fell sharply in the second quarter of 2022 as rising interest rates limited investor demand for the securities. Nonbanks remained the main source of prime mortgages. (Includes three data charts.)