Mortgage lenders, especially nonbanks, aren’t making loans to minority homebuyers in one of New York’s largest cities.

Caliber, as a technical matter, still plans on selling shares to the public. But the company also is in the market with a huge flow deal. Confused?

When rates rise, all sorts of things can happen, like IPO-bound firms opting for a sale instead.

Some non-QM lenders weathered market volatility in March 2020 without halting production while others took a few months off. Now, two of the top players in the sector are ready to increase production.

The surge in new business at Fannie Mae and Freddie Mac wasn’t accompanied by a comparable increase in profits for the two.

The bill includes more than $10 billion in homeowner assistance funding. The vast majority of that would go toward helping borrowers pay their mortgages, property taxes, home insurance and utilities.

Treasury yields continue to rise. Will mortgage rates follow? Meanwhile, Fannie and Freddie lament the competition for top talent.

New Residential posted a net income of $68.6 million in the fourth quarter; Ocwen continued its losing streak, coming up $7 million in the red.

Mortgage performance improved across the board during the fourth quarter. However, the forbearance rate has been stagnant since November, leading to concerns about foreclosures when moratoriums on such actions are lifted. (Includes data chart.)

Besides being fun to watch, Super Bowl commercials give a peek into what businesses are thinking. This year’s big game had ads from Quicken Loans and United Wholesale Mortgage.