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...

After Quicken, who's next on the IPO dream list? Caliber? loanDepot?

Wells Fargo was the most active servicer in repurchasing delinquent loans in May, with $2.31 billion, 50.2% of the market total. A significant share of those loans were reportedly current, the MBS disclosures show, indicating that Wells repurchased loans in forbearance.

KBRA: New Rez has been subject to substantial economic stress during the COVID-19 pandemic...