In 3Q20 and 4Q19, subservicers managed 29.0% and 27.4%, respectively, of all outstanding residential loans in the U.S.

Mark Szczepaniak: "The uptick in nonperforming loans hasn’t been that troubling to us because historically we have always made money on these nonperforming loans and we continued to do that straight through 2020."

Black Knight says that overall, 2.6 million homeowners are in some form of COVID-related forbearance.

Grier will remain as a director, though he’ll abstain from committee work. He’ll also receive the standard CEO base salary of $600,000...

The FHFA based its 30-day liquidity requirement on the coverage ratio used by bank regulators.

Fun fact: February has the fewest number of business days in the year and typically represents the low spot in seasonal housing activity. 

Blend Labs, the digital automated underwriting platform, is diving head first into the title business...

Fannie CRO John Forlines follows Andrew Bon Salle, former head of single-family lending, to mortgage lender Home Point.

Provident is stocking its MBS with conforming jumbos. Morgan is aggregating product through various lenders.

A slowdown in LO hiring? Don't bet on it...