Government-mandated forbearance paid off for Chase...

Investment bankers like Mark Garland of SitusAMC believe that by the third quarter bulk MSR sales could be on a roll...

Executive-wise, Fannie has taken a bigger hit than Freddie...

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.

DBRS made strides in the expanded-credit MBS market with $10.95 billion in business, a 19.5% increase from 2019 at a time when overall rated issuance fell 24.7%

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

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. 

For the full year, expanded-credit lending was off 28.7% to an estimated $37.3 billion. The reason: Liquidity problems sparked by the pandemic.