Personnel expenses at Impac increased 12.8% to $14.9 million...

Late payment rates peaked in June at 11.82% as borrowers struggled with the impact of the pandemic on economic activity.

Wells Fargo once again ranked first, followed by Cenlar, JPMorgan Chase, Mr. Cooper and Quicken Loans...

One bit of positive news: the company marked up the asset value of its MSRs by a stunning $1.44 billion to $4.31 billion, a 50.3% sequential improvement.

Radian's MI provision for losses fell to $45.9 million in 1Q21 from $56.3 million in the fourth quarter.

More gas left in the MBS tank? Certainly looks that way...

Mortgage complaints mentioning forbearance have reached their highest monthly average since March and April 2020...

A diverse group of 21 commercial banks and savings institutions reported $3.75 billion of mortgage-banking income for 1Q21, a 1.7% improvement from the fourth quarter.

Of the total in COVID deferral status at the end of March, 91.56% of loans were current. Another 3.76% were one or two payments past due, and 4.69% were three or four payments late.

loanDepot: “Competitive pressures from pricing strategies implemented by other market participants had a market-wide impact on margins."