Industry consultant Paul Hindman called the profit margin news from Mr. Cooper "phenomenal."

Wells Fargo led the jumbo pack in 1Q20 but its volume fell 23.1% on a sequential basis...

The pipeline of unresolved buyback claims also grew during the first three months of the year, although repurchase activity in general remains at subatomic levels.

Compared to the same period a year ago, warehouse lines of credit to nonbanks increased by a mouthwatering 41.9%.

When measured against outstanding first liens calculated by Inside Mortgage Finance – $11.168 trillion – that means $933.6 billion of residential loans have been impaired (to some degree) by the pandemic.

PennyMac executives cited elevated margins across all channels. Also, production volume rose in the more profitable consumer-direct and wholesale-broker platforms...

FHLB advances reached $806.9 billion at March 31, up 25% sequentially...

Bank and thrift holdings of Ginnie Mae MBS rose 5.0% in the first quarter and investment in agency CMOs increased 3.4% from the end of 2019.

At an estimated $106 billion, wholesale-broker production represented 15.8% of first-lien originations in early 2020, the sector’s biggest share since the financial meltdown...

Overall, the jumbo origination share fell to 11.9% in the first quarter from 14.1% in 4Q19...