Commercial banks and thrifts posted a whopping $5.62 billion in net income from their mortgage banking operations during the second quarter.

The $100 million securitization consists of bridge loans for both owner-occupied and business-purpose properties.

Black Knight said 3.9 million homeowners remain in forbearance...

A California version of the CFPB? The Golden State boasts the largest mortgage market in the nation...

Roughly $5 billion worth of expanded-credit loans were stranded, looking for a home but investors wouldn’t bite unless the originator/seller was willing to take a major haircut on the sale. And many did.

Higher delinquencies should lead to more Fannie/Freddie loan buybacks, but we're not there yet, thanks, in part, to forbearance...

Fannie and Freddie warn that g-fees could spike...

With nonbanks continuing to steal market share away from depositories, warehouse commitments have been going through the roof. Of course, ultra low mortgage rates help...

In the case of the GSEs, multifamily loans are not covered by the extension...

Gordon Albrecht of FCI Lender Services, the nation’s largest hard-money subservicer: "We [have been] getting a ton of requests for forbearance, but we’re a subservicer, so we have no authority to do any type of forbearance without the lender’s direction and permission.”