CFPB's acting director said more attorneys are needed to achieve his goal of "vigorous oversight of all applicable federal laws and the fullest utilization of our legal authorities."

Time-based measures of delinquency rates showed slight declines during the fourth quarter of 2020, as did the foreclosure rate, according to Inside Mortgage Finance's large servicer delinquency index.

Until the Treasury Department and the Federal Housing Finance Agency amended their preferred stock purchase agreement in January, a $25 billion net worth was the threshold for restarting the net worth sweep of Fannie's quarterly profits.

FHFA extended various origination flexibilities related to GSE mortgages through the end of March.

The decline was largely tied to income from investments while Redwood's lending units are generating returns above 20%.

In January, loanDepot had plans to raise upwards of $362 million via an IPO. On Feb. 11, the offering priced with a reduced share price and fewer shares, generating $54 million.

At Freddie Mac alone, 62 sellers topped the $1.5 billion marker for cash sales in 2020.

Freddie Mac posted a $7.3 billion profit in 2020, including net income of $2.9 billion in the fourth quarter.

“Homeowners will be much more amenable to listing their houses this spring,” according to Mike Fratantoni, chief economist at the Mortgage Bankers Association.

Mortgage applications fell by 4%, with declines in requests for both refinances and purchase mortgages.