All of the participants in the Fed’s TALF program set up in the early days of the pandemic were so-called opportunistic investors that hadn’t previously been buying AAA-rated deals.

Previously, Texas Capital executives estimated the bank's mortgage finance volume would decline at a rate in the “high teens” this year, but now they're projecting a “mid-30%” decline.

Receiving borrower tax transcripts from the IRS, which usually takes 48 hours, is stretching on for weeks since the start of the tax filing season, according to lenders.

Noncore products entail collateral that might be handled by the non-agency market...

Overall, Angel Oak made nine claims against the LOs and LendSure...

On the other hand, United Wholesale Mortgage, the top contributor to prime non-agency MBS in 2021, avoided the market entirely...

One MBA official said currently only 15 states allow for remote work permanently...

Prime non-agency MBS issuance declined by nearly 20% on a sequential basis in the first quarter of 2022. However, loanDepot nearly doubled its activity in the market during that span. (Includes three data charts.)

Originations of jumbo mortgages increased at First Republic Bank despite rising interest rates. Officials at the bank said a number of factors led to the nearly 20% increase in originations during the January-March cycle.

Investment-property mortgage volume delivered to the GSEs was flat on a sequential basis in the first quarter, second-home volume declined by 8.0% and conforming jumbo business fell 38.5%. (Includes data chart.)