When lending volume slows, the share of higher-risk loans typically grows as well...

Between 2014 and 2018, Renovate America issued 13 PACE ABS, amassing a volume total of $2.83 billion. However, the company didn’t issue a single deal after May 2018...

According to figures compiled by Inside Mortgage Finance, SoFi sold roughly $1.9 billion of home mortgages to Fannie Mae in 2020, including $670 million in the fourth quarter alone.

There was a huge push for FHA autonomy by former Commissioner Nicolas Retsinas during the Clinton years, but it went nowhere.

The regulatory language — years in the making and prompted by the growing market share of nonbank servicers — addresses capital, liquidity, stress testing and risk management among other things.

Among those filing missives: the American Land Title Association, Mortgage Bankers Association, National Association of Realtors, and the Structured Finance Association.

Even though the mediation effort has ended, Ocwen is still bidding on servicing portfolios...

The idea of settlement services packaging is not new...

What's more, the GSEs upped their share of the agency market to 75.8%, and dominated the overall single-family market as well...

The impairment rate didn't decline across the board. It increased for bank statement loans.