Black Knight said the Fannie/Freddie forbearance measurement fell by 15,000 units while the FHA count increased by 5,000. The private-label/portfolio tally rose by 10,000 loans.

The general consensus is that this new loan-level price adjustment will not be killed outright but very well could be moved back by at least 60 days from its current Sept. 1 implementation date. This would allow lenders facing rate-lock hits to avoid financial damage…

Among the largest servicers, delinquencies increased sharply for some and actually declined for others. However, the differences are tied to how servicers classify mortgages in forbearance...

The CFPB said the sweep of investigations is still ongoing, indicating that more enforcement actions might be on the way.

The downgrade was prompted by JPM's use of Fannie Mae's Collateral Underwriter and automated valuation models.

For the third consecutive quarter, VA production exceeded FHA activity – and the margin widened significantly...

In a new filing with the SEC, Mr. Cooper disclosed that after accounting for a modest increase in the value of its mortgage servicing rights, the new GSE LLPA will reduce the value of the loans in its pipeline by approximately $20 million...

In the PIMCO deal, the loans have seasoned for an average of 14 months and 21.7% of borrowers are on forbearance/deferral plans.

The best the industry can hope for is a delay in the Sept. 1 implementation date, some believe...

Most of the gain was in agency mortgage securities, which rose $82.6 billion to $2.148 trillion...