Spread widening indicates weaker demand from MBS investors...

The top jumbo originator in 2021? That would be Chase, with Wells Fargo a close second...

Some financiers reported usage rates below 30%...

Banks and thrifts generated $51.76 billion in interest income from MBS investment last year.

For the full year, the wholesale channel accounted for 15.0% of originations, correspondent 21.6%...

Based on trends from prior years, roughly $25.0 billion of mortgages above the 2021 conforming loan limit would have been expected to be delivered to Fannie and Freddie in January...

The year-over-year drop in production was almost across the board, with nearly 80% of the top 100 sellers showing declines in January...

As one veteran manager characterized it: “It is what it is.”

Mortgage banking firms were the largest part of the sample with 104 institutions.

Black Knight: "The decline in serious delinquencies has been slower than might be expected given the large number of borrowers who have exited forbearance"...