The market produced $42.61 billion of new ABS in the fourth quarter, a 38.7% decline from the previous three-month period. That brought year-to-date issuance to $202.02 billion, down 11.0% from 2019.

Most nondepository servicing is held by independent mortgage bankers and other non-originating investors...

The number of Ginnie Mae loans in forbearance came in at 7.61%, down 6 bps for the week while the Fannie Mae/Freddie Mac tally declined to 3.11%, a 2 bp improvement.

The CFPB's year of discontent? Mortgage-related complaints declined 7.9% from the third to the fourth quarter but increased 9.2% overall in 2020.

Total MSR transfers – including bulk deals and coissuance transactions – more than doubled from the third quarter, hitting $188.11 billion. However...

According to the S-1, the pay includes a base salary of $408,994 and a bonus of $42.5 million.

Private MIs were particularly strong in the purchase-loan market, with annual GSE sales of $366.87 billion — which represented 51.0% of all insured purchase loans securitized by the agencies...

Overall, 2020 was the strongest trading year since 2010...

Flagstar's production and profit margins declined in the fourth quarter, though the bank increased MSR sales and warehouse lending...