NRIC’s mortgage banking affiliate, NewRez, funded $8.3 billion of residential loans in 2Q20, a sequential decline of 27.2%...

The mortgage sector, which has been saddled with pandemic-related forbearance issues, has fallen off the complaint curve...

Even loans that fall into the “other” category (portfolio and private-label loans mostly) dropped: 10.41% from 10.93% on July 5.

Cannae’s chairman is William Foley, who also continues to serve as non-executive chairman of title insurance giant Fidelity National Financial and executive chairman of Black Knight Financial…

The top five servicers saw a combined 2.8% drop in MSRs...

JPMorgan, in particular, was an origination laggard, funding $24.2 billion in home mortgages during the second quarter, a 13.8% decline from the first three months of the year.

Efforts to turn Ocwen around appear to be working. The publicly traded nonbank earned $2.0 million in the second quarter and officials there suggest the lender/servicer will be profitable next year.

The writing was on the wall: nonbanks took over the Ginnie market back in 2016...

Democrats and consumer advocates suggest that some servicers aren't following forbearance requirements established by the CARES Act.