Overall, Freddie said its multifamily arm financed 803,000 rental units, more than 95% of which qualified as “affordable.”

A distant second was James Furash of AmeriHome with $13.2 million.

“The offering consists of 9.41 million shares of common stock being sold by loanDepot and 5.59 million shares of common … being sold by certain funds managed by Parthenon Capital Partners,” the firm said.

The concern centers on a clause that states beginning January 2022, the FHFA will cap the amount of mortgages any lender can deliver to the cash window at $1.5 billion over any four-quarter period.

The number of Ginnie Mae loans in forbearance came in at 7.61%, down 6 bps for the week while the Fannie Mae/Freddie Mac tally declined to 3.11%, a 2 bp improvement.

Most of the other top players in the non-QM sector returned to the market within months of the COVID-related disruption...

The CFPB's year of discontent? Mortgage-related complaints declined 7.9% from the third to the fourth quarter but increased 9.2% overall in 2020.

“Right now business is good,” said Managing Partner and Co-CEO Mike Fierman…

According to the S-1, the pay includes a base salary of $408,994 and a bonus of $42.5 million.

After a disruption in March 2020, originations of non-QMs might return to pre-pandemic levels later this year...