The MMIF enjoys a cash cushion of $77.8 billion for “forward” loans, an increase of $12.2 billion from last year, a HUD audit found.

When nonbanks thrive, their financiers thrive as well. In 3Q20, warehouse commitments continued onward and upward. (Includes data chart.)

A mortgage boom for the ages? So far this year, Rocket (Quicken Loans) has outearned one GSE and is within striking distance of the other.

The share of loans in the seriously delinquent category increased during the third quarter. Loan performance was worst among FHA mortgages. (Includes data chart.)

The latest speculation inside the Beltway relates to what possible changes a new Democratic administration might make to Fannie Mae and Freddie Mac.

The front runners to succeed Kathy Kraninger: Rep. Katie Porter and FTC Commissioner Rohit Chopra.

In order to settle a class-action lawsuit, the nation’s largest servicer said it will provide forbearance only to borrowers who request assistance verbally, in writing or through electronic means.

Mortgage professionals should ensure social media endorsements, online advertisements and other “virtual” marketing services comply with anti-kickback provisions.

The flow market for MSR sales is returning to normal after COVID-related volatility in March and April caused demand for MSRs to wane. Traditional sellers of MSRs retained servicing this summer, helped by profits from the refi business.