Talk about liquidity: the document reveals with this master repurchase deal under its belt, Quicken now has “total funding capacity”of $27.5 billion.

The typical cost for a lender to implement the TRID rule: $146 per unit, accounting for 2% of the average origination cost.

The April-June cycle marked the first time since the end of 2016 that bank retail lending exceeded wholesale production. Then again, in the call-report world, wholesale includes both loan purchases through correspondent operations and originations involving mortgage brokers.

The impairment rate on non-QM MBS declined by 70 basis points in August even as enhanced unemployment benefits ended in late July.

In other words, all that chatter about an end to paper document is overblown.

In addition to prohibiting bulk sales of foreclosed properties, individuals and other entities will have a 45 day window after a foreclosure auction to beat the highest bid.

According to Black Knight, as of Sept. 22, 3.6 million mortgagors were in some type of relief program.