Competition among the two dominant players in the wholesale channel continues to reduce the profit equation. However, margins from retail lending remain robust … for the moment.

After a long slowdown tied to the pandemic, the Angel Oak family of companies is ramping up its originations of non-QMs...

The renewed emphasis on the correspondent channel was widespread, with nearly every lender in the group increasing originations on a sequential basis.

We understand that a handful of large bulk servicing auctions are gestating...

The collateral was originated by Flagstar and has seasoned for roughly two months.

In the first quarter of 2021, expanded-credit mortgages accounted for 0.7% of total first-lien production compared to 2.2% for all of 2019.

A&D's MBS is stocked with new production while PIMCO is tapping mortgages originated by Citadel Servicing Corp. nearly four years ago.

The switch to the new standards created some complications for single-closing construction-to-permanent loans and other products...

Most expanded-credit deals issued this year have been stocked with pre-pandemic loans...

While forbearance readings gradually head down, some 4.0% of mortgages outstanding are still in the loss mitigation status.