The analysts suggested that the Federal Housing Finance Agency or the Federal Reserve should handle regulation of nonbank servicers.

Prepayments outpaced new production, prompting a decline in jumbo servicing volume.

Questions posed by the FHFA include whether the GSEs should use appraisal waivers and how lenders might manipulate automated underwriting systems when seeking an appraisal wavier from the GSEs.

The CFPB noted that lenders didn't provide relevant data that had been requested by the regulator during the comment period.

FHA/VA originations through the correspondent channel increased by 48.5% during the third quarter, bringing the channel's market share to 31.3%.

The signature averts a shutdown of the federal government and paves the way for stimulus payments while Trump pressures Congress to send even bigger checks.

Based on language in the CARES Act, it was possible that the enrollment period for forbearance on federally-backed mortgages would end on Dec. 31.

The number of loans in forbearance increased during mid-December and could decline in early January, according to Black Knight.

The agreement comes at a curious time: Servicing prices have suffered during the pandemic but are beginning to improve. In other words, bargains may be hard to find.

The figures come from a variety of lenders that generated $570.6 billion of home loans during the third quarter, roughly half the market.