The nonbank is also working on an IPO...

November issuance was down 0.2% from October mostly because of weakening purchase-mortgage securitization, which fell 5.0% on a monthly basis.

Nine months through the year, IO production is up 60.0% compared to the same span in 2019...

MBA: “Compared to the last two months, more homeowners exiting forbearance are using a modification – a sign that they have not been able to fully get back on their feet, even if they are working again.”

Close to 40% of loans in the MBS have been in forbearance, but with many returning to current status.

Prices for bulk MSR assets are firming up as well...

Even though Wells shut off its correspondent spigot for jumbos early in 2Q20, $1.88 billion of product came through the channel...

The “alternative methods for documenting income” for self-employed borrowers includes the use of unaudited income statements. But borrowers will now have to provide three months of bank statements instead of the traditional two.

VA lending, like much of the home origination market, has been on a tear this year, surpassing FHA production...

The CARES Act established a mandate for forbearance but the Conference of State Bank Supervisors said it’s not clear when residential servicers should stop offering new relief plans.