At Freddie Mac alone, 62 sellers topped the $1.5 billion marker for cash sales in 2020.

“Homeowners will be much more amenable to listing their houses this spring,” according to Mike Fratantoni, chief economist at the Mortgage Bankers Association.

Mortgage applications fell by 4%, with declines in requests for both refinances and purchase mortgages.

Ocwen Financial took another loss in the fourth quarter of 2020. The nonbank also received a cash infusion from Oaktree Capital Management with plans to grow.

While the share of mortgages in forbearance declined at the end of January, more than one million borrowers feel they're at risk of foreclosure.

Among a diverse group of 20 banks, only one increased mortgage banking income on a sequential basis in the fourth quarter.

Roughly $249.81 billion of newly originated correspondent-generated home loans was securitized by Fannie Mae, Freddie Mac and Ginnie Mae during the fourth quarter, up 20.3% from the prior period. This analysis covers 90.2% of the total agency market...

From a market perspective, all those forbearances are cumulative. Fannie Mae and Freddie Mae estimate that one in four of the borrowers who entered into forbearance continued to make their payments...