Fitch Ratings

Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.

“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.

Bank statement loans a particular area of weak loan performance, Fitch data show.

As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.

Strategic collaboration between dv01 and Fitch Ratings introduces benchmarks aiming to enhance transparency and redefine market analysis in Non-QM and Prime Jumbo markets.

How loosened credit standards in 2022 manufactured volume at the cost of loan performance, doubling delinquencies.