While the share of mortgages in forbearance declined at the end of January, more than one million borrowers feel they're at risk of foreclosure.

After issuing a $345.40 million jumbo MBS in December, Redwood is in the market with a $527.40 million deal.

Among a diverse group of 20 banks, only one increased mortgage banking income on a sequential basis in the fourth quarter.

The settlement was reached lass than a week after Caliber filed a lawsuit alleging that Sagent was holding Caliber's data "hostage."

The two major CU trade associations, the Credit Union National Association and the National Association of Federally Insured Credit Unions, and a number of other state-specific industry groups submitted letters in support of the proposal.

Roughly $249.81 billion of newly originated correspondent-generated home loans was securitized by Fannie Mae, Freddie Mac and Ginnie Mae during the fourth quarter, up 20.3% from the prior period. This analysis covers 90.2% of the total agency market...

From a market perspective, all those forbearances are cumulative. Fannie Mae and Freddie Mae estimate that one in four of the borrowers who entered into forbearance continued to make their payments...

The new QM standards are set to take effect March 1 with a mandatory compliance date of July 1. Between March 1 and July 1 lenders can use the QM patch or the new standards but after July 1, originators can only use the new standards.

In 4Q20, the nonbank mortgage giant originated $69.41 billion of product, a 28.1% improvement from a red hot third quarter. Its servicing portfolio grew by 6.2% in that span to $426.75 billion.