When it comes to GOS, UWM's Mat Ishbia says he's running the table...

Despite the difficulties, AOM is increasing its warehouse financing capacity and working to acquire non-QMs with higher interest rates.

Raymond James' MGD John Toohig said he received more calls about home-equity lines of credit in July than he had in his entire career.

UWM's gain-on-sale margin totaled 99 basis points in the second quarter. Management estimates a GOS of 30 bps to 60 bps in 3Q22...

Among the top five contributors to expanded-credit MBS in 2021, only two cracked the top five in 2Q22...

The traditional leaders of contributions to expanded-credit MBS slowed their activity in the second quarter, with smaller entities filling some of the void. The types of loans going into MBS also shifted somewhat. (Includes three data charts.)

Redwood’s jumbo acquisition volume declined by more than 40% in the second quarter and the REIT took a loss on its residential activities. Officials at Redwood said the company is well-positioned moving forward.

Annaly is seeing strong returns from its aggregation and sales of non-agency mortgages even with weak demand in the secondary market. The REIT boosted its non-agency MBS issuance with plans for further growth.

MFA Financial took another loss in the second quarter as its holdings of non-QMs lost value and MBS with the loans was met with weak demand. The nonbank’s business-purpose lending unit also took a loss.

After a nearly 30-day lull, MBS with prime jumbos hit the market. An offering from Chase was significantly smaller than the issuance from the firm in the past. A number of expanded-credit MBS are also on offer.