Mortgage banking earnings fell to $478 million at the Minneapolis-based bank from $543 million in the third quarter...

Also, Guaranteed Rate peeled off a $13 billion chunk of receivables...

To the surprise of some, the program wasn’t heavily used by nonbank MBS issuers...

If approved by the Senate he would replace Kathy Kraninger, a business-friendly Trump-appointed official who has led the agency since 2018.

What about Movement Mortgage as an IPO candidate?

Wells Fargo: “Home lending revenue [was] down 21% from 3Q20 on lower servicing income and MSR valuation adjustments reflecting higher prepayment.”

Depository institutions saw their combined agency servicing shrink 2.5% from the third to the fourth quarter, squeezing their share of the market to 42.2%.

JPMorgan Chase topped the ranking with $413 million in repurchases for the third quarter...

loanDepot’s biggest investor is Parthenon Capital Partners, a private equity firm...

On Friday, Black Knight released its weekly forbearance report, declaring that 5.2% of all mortgages were in some form of relief, a 92,000 unit decline for the seven-day period ending Jan. 5. The data analytics vendor said despite what looked like positive news, it cited a “troubling slowdown in the rate of improvement.”