Two months after buying AmeriHome Mortgage, WAB is carving up its massive servicing portfolio and selling chunks to the highest bidder. What’s going on? Profits, for one.

Data confirm that forbearance and income support during the pandemic reduced serious delinquency rates. Economists say deferrals and home price increases should help keep them down.

Minority homeowners are much more likely to have significant savings if they refinance, but they’re much less likely to actually get a refi.

If confirmed, Adrianne Todman will be the first African-American woman to serve as deputy secretary at the HUD.

Fannie Mae is feeling slightly more bullish on the origination picture for 2021. Also: Are lenders ready to chop heads?

Margins on originations through the wholesale channel are plummeting, with market leader UWM trying to squeeze competitors. Third-ranked Home Point was operating at breakeven levels in April.

Bulk servicing sales are beginning to catch fire. Credit: rising rates and slower prepayment speeds. Moreover, dealmakers anticipate a red-hot third quarter for transactions.

Industry trade groups want the final rule to include clear exceptions to the moratorium provisions, clarify the scope of the streamlined modification exemption and streamline proposed early intervention requirements.

The so-called rent-a-bank scheme allowed nonbanks to get around state caps on interest rates, according to Democratic lawmakers.

The Washington rumor mill is spitting out names for the FHA and Ginnie Mae jobs. Will any turn into actual nominations?