Wedbush Securities: “While there are many advantages to the SPAC route for both investors and issuers, it has also been an area that has produced disappointing results for some investors in recent months.”

But looming delinquencies are definitely a concern...

“In many cases, Wells stopped accepting electronic mortgage payments after it placed homeowners into the unwanted forbearance, causing those who were current on their loans to become delinquent without their knowledge and through no fault of their own,” said Kellett & Bartholow.

Quicken is an active and major player in the Ginnie Mae EBO game as well...

Gripes about mortgage applications hit a historical high, jumping 29.9% sequentially to 1,609 in 3Q20. The nine-month reading registered a stunning 124.6% spike year-over-year.

loandepot’s chief backer, dating back to 2010, is private equity firm Parthenon Capital Partners.

Bottom line: Originations increase nicely, but GOS declines...

Before she ran for Congress, Porter taught consumer bankruptcy and mortgage foreclosure law at the University of California...

On Friday, Black Knight Financial released its forbearance tally, saying the measurement declined 137,000 units for the seven-day period ending Nov. 3. Roughly 2.9 million mortgagors are in some type of COVID-related relief program or 5.45% of those with a first lien...

The calculus is straightforward: With that much capital tied up in equity, it’s difficult to see how the GSEs could generate adequate returns to attract investors.