According to Black Knight, as of Sept. 22, 3.6 million mortgagors were in some type of relief program.

The trend of sharply declining repurchases commenced in 2014 as investors and sellers began settling buyback claims on mortgages dating back to before the financial crisis.

Rep. Andy Barr of Kentucky: “Important sectors of our economy, including hospitality, conventions, entertainment, retail and commercial real estate, remain in stress."

Although the forbearance program was extended by the FHFA, it still looks expensive to lenders at 500 to 700 basis points...

When was the last time the market saw a publicly traded wholesale-only lender?

Once again, the NFIP is on the brink. Will Congress ever get its act together? 

One last observation: Over the past month we’ve talked to no one who believes 2021 will be a train wreck. Several expect it to be a strong year, just but not as good as 2020…

For weeks, there had been unconfirmed rumors that UWM might be contemplating an IPO but the missing ingredient was the SPAC. Based in Pontiac, MI, the privately held UWM, ranks third among all originators, according to figures compiled by Inside Mortgage Finance.

The acquisition includes Cohen’s servicing and asset management clients and roughly 120 employees.