MBA says more than 70 percent of loans in forbearance are now in an extension...

Payoff removals fell 0.4% from July to August, and by 2.8% for FHA loans. The VA program, which sees much heavier refinance activity, recorded a 1.9% increase in payoff removals, edging up to its highest level of the year.

AmeriHome, according to its S-1, earned $275.0 million during the first six months of 2020, slightly less than its combined profit for 2019 and 2018 ($279.5 million.)

Talk about liquidity: the document reveals with this master repurchase deal under its belt, Quicken now has “total funding capacity”of $27.5 billion.

In the first half of 2020, Caliber posted net income of $275.3 million compared to a loss of $59.4 million in the comparable period last year.

Some 147 institutions will benefit from the proposal, according to estimates by the CFPB.

Tom Piercy of IMA: “Any type of additional regulatory discussion is problematic as it typically starts with the best of intentions and ends up with the worst of consequences.”

According to Black Knight, as of Sept. 22, 3.6 million mortgagors were in some type of relief program.

The trend of sharply declining repurchases commenced in 2014 as investors and sellers began settling buyback claims on mortgages dating back to before the financial crisis.

Rep. Andy Barr of Kentucky: “Important sectors of our economy, including hospitality, conventions, entertainment, retail and commercial real estate, remain in stress."