The IAC said the SEC chose to make the reports confidential, despite the fact that the authorizing legislation didn’t require it.

“More than 11% of borrowers in forbearance have now exceeded the 12-month mark,” said Mike Fratantoni, MBA’s SVP and chief economist. “We anticipate that servicers will be busy over the next month"...

The sudden dominance of nonbanks in mortgage banking profits was due to Rocket Companies, parent of Quicken Loans...

Government-mandated forbearance paid off for Chase...

Investment bankers like Mark Garland of SitusAMC believe that by the third quarter bulk MSR sales could be on a roll...

Earlier this month, the SBC deadlocked on the Chopra CFPB nomination with a 12-12 partisan vote.

The Federal Reserve reported that single-family mortgage debt outstanding rose 4.3% in 2020 to $11.666 trillion. Of that total, $8.104 trillion, or 69.4%, was committed to mortgage securities.

Uejio said the CFPB will keep an eye on consumer data to better understand how those receiving relief checks are being affected.

More evidence the flow MSR market is recovering: this auction from Phoenix and a recent large one from IMA...

In 3Q20 and 4Q19, subservicers managed 29.0% and 27.4%, respectively, of all outstanding residential loans in the U.S.