The Federal Reserve reported that single-family mortgage debt outstanding rose 4.3% in 2020 to $11.666 trillion. Of that total, $8.104 trillion, or 69.4%, was committed to mortgage securities.

Uejio said the CFPB will keep an eye on consumer data to better understand how those receiving relief checks are being affected.

More evidence the flow MSR market is recovering: this auction from Phoenix and a recent large one from IMA...

In 3Q20 and 4Q19, subservicers managed 29.0% and 27.4%, respectively, of all outstanding residential loans in the U.S.

Mark Szczepaniak: "The uptick in nonperforming loans hasn’t been that troubling to us because historically we have always made money on these nonperforming loans and we continued to do that straight through 2020."

Black Knight says that overall, 2.6 million homeowners are in some form of COVID-related forbearance.

Grier will remain as a director, though he’ll abstain from committee work. He’ll also receive the standard CEO base salary of $600,000...

Fun fact: February has the fewest number of business days in the year and typically represents the low spot in seasonal housing activity. 

Blend Labs, the digital automated underwriting platform, is diving head first into the title business...

The lender's gain-on-sale margin slipped to 176 basis points in the most recent quarter compared to 278 bps in the prior period...