Earlier this month, the SBC deadlocked on the Chopra CFPB nomination with a 12-12 partisan vote.

The Federal Reserve reported that single-family mortgage debt outstanding rose 4.3% in 2020 to $11.666 trillion. Of that total, $8.104 trillion, or 69.4%, was committed to mortgage securities.

As one mortgage market consultant quipped: “It’s sort of like watching the Hatfields and the McCoys.”

Uejio said the CFPB will keep an eye on consumer data to better understand how those receiving relief checks are being affected.

More evidence the flow MSR market is recovering: this auction from Phoenix and a recent large one from IMA...

DBRS made strides in the expanded-credit MBS market with $10.95 billion in business, a 19.5% increase from 2019 at a time when overall rated issuance fell 24.7%

The New York regulator said RMS failed to investigate the breach...

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.