The idea of settlement services packaging is not new...

What's more, the GSEs upped their share of the agency market to 75.8%, and dominated the overall single-family market as well...

The impairment rate didn't decline across the board. It increased for bank statement loans.

Industry watchers said implementing changes to the qualified-mortgage rule could be one of the biggest sticking points.

Late last week, Black Knight released its measurement: 2.83 million mortgages in COVID-related relief for the seven-day period ending Dec. 29. The FHA/VA (GNMA) reading increased by 11,000 units.

One twist: As part of the proposed transaction, Blackstone will take a stake in the Chicago-based GR. However, no specifics were provided.

The $108 million Series B capital raise follows a $20 million investment Insight had made earlier.

The nonbank lender/servicer filed its initial IPO documents in early October and was reportedly set to price the offering later that month.

In general, most of the delinquent loan buying has been done by the megabanks and top-ranked direct-FHA funders like Quicken Loans and PennyMac...

During the COVID crisis, many states have temporarily allowed licensed MLOs to work from their (unlicensed) homes, rather than branches...