In a press briefing early Thursday, company CEO David Brickman noted that the number of forbearance requests have increased “significantly,” adding that he expects the readings to continue to rise.

loanDepot noted that on purchase transactions and rate/term refis no additional LLPAs will be assessed.

Complaints about debt collection, the second most-criticized category, increased 7.2%...

Mr. Cooper will remain as a retail and correspondent lender...

“One thing’s for certain: They’re taking on a lot more risk,” said one mortgage insurance official...

The situation at press time: Mnuchin said that a Fed facility was no longer warranted...

“Wait until you see next month’s PTAP draw,” suggested one official familiar with the program...

However, the question remains whether the bureau will announce significant changes to the current framework...

A FHFA spokesman told Inside Mortgage Finance the pricing approved by the agency is “fair and reasonable. He added: “We have heard these loans would sell for much lower prices (15-20% discounts) in private markets.”

The reaction from some trade group officials was swift. Scott Olson, Executive Director of the Community Home Lenders Association, called the new COVID-19-related guidelines “totally inadequate.”