Mortgage complaints mentioning forbearance have reached their highest monthly average since March and April 2020...

With interest rates rising for much of the year, the asset value of servicing rights has become a more secured asset to lend against.

In March, AFC Gamma completed its initial public offering, raising $118.8 million in cash while becoming the first publicly traded lender specializing in cannabis real estate.

A diverse group of 21 commercial banks and savings institutions reported $3.75 billion of mortgage-banking income for 1Q21, a 1.7% improvement from the fourth quarter.

Mark Calabria: "Just like other large financial institutions, these plans will provide Fannie Mae, Freddie Mac and FHFA with a roadmap for preserving business continuity should they fail again."

New York-based real estate investment trust unveiled plans to deploy as much as 10% of its capital — roughly $1.5 billion — in this sometimes volatile asset.

Jeffrey Naimon, a partner at Buckley, warned that CFPB enforcement lawyers are pressing hard on discovery issues — requiring investigational targets to provide more information faster.

Of the total in COVID deferral status at the end of March, 91.56% of loans were current. Another 3.76% were one or two payments past due, and 4.69% were three or four payments late.

loanDepot: “Competitive pressures from pricing strategies implemented by other market participants had a market-wide impact on margins."

While the Treasury and FHFA said the 7% cap was “aligned with the current levels” of acquisitions by the GSEs, some analysts believe the loans have accounted for somewhat more than 7% of purchases by Fannie and Freddie each year since 2013.