Timing is everything. The majority of the loans, 63.0%, went into forbearance status in April and many of these borrowers may have already made their May payment.

The supply of single-family MBS issued by Fannie Mae, Freddie Mac and Ginnie Mae grew another 1.4% in the first quarter, hitting $7.134 trillion.

MBA hopes to return to large in-person conferences next year.

The interim final rule goes into effect July 1...

Mark Garland, managing director of SitusAMC, Denver, agreed that bids of 3.0-times are doable today and are a welcome development after several weeks of inactivity, at least on the flow front.

The FHFA is pushing for legislation that will allow it “to examine the records, operations and facilities” of all Fannie/Freddie servicers – an expansion of its supervisory role over nonbanks.

Cowen Research: "The issue is what happens in August and September if the government permits expanded unemployment benefits to expire.”

Thanks to the coronavirus, it was the worst earnings for mortgage banking since the fourth quarter of 2008…

Under the program, companies can submit specific queries identifying uncertainty in existing rules...

Forbearance tallies keep falling, which is good news for both servicers and consumers...