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.

Moreover, the "back to the office" quandary became even more pertinent Monday morning, given the positive news surrounding the Pfizer coronavirus vaccine.

The result was that nonbanks at the end of September accounted for 49.1% of the top-50 market, a measurement that includes a substantial volume of subservicing.

Strong origination profits have allowed many smaller shops to hold MSRs until the time is ripe to sell...

On the origination side of the aisle, loan production increased sequentially by 43.9%, one of the strongest showings among the top 10. 

In a statement, Caliber said it’s postponing the sale of common stock to the public but will “continue to evaluate the timing.”

Signs of life in the Ginnie Mae servicing arena? Maybe.

Chuck Klein, managing partner at Mortgage Banking Solutions, describes the current M&A atmosphere as “pretty quiet.” Still, he’s working on a handful of deals...