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.

Mortgage analysts have the right to ask: Where have all the depositories gone?

The record $114.44 billion total for Fannie, Freddie and Ginnie represented a 33.7% gain from the third quarter.

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...

In 4Q20, Chase and Popular returned to more normal levels while repurchases at Wells remained somewhat elevated...