In January of last year, the flow of VA loans into Ginnie MBS exceeded the volume of FHA loans, a trend that culminated in December, when VA accounted for 57.0% of monthly issuance.

For all of 2020, non-agency MBS issuance totaled $90.23 billion, down 20.0% from the year before...

What about Movement Mortgage as an IPO candidate?

Wells Fargo: “Home lending revenue [was] down 21% from 3Q20 on lower servicing income and MSR valuation adjustments reflecting higher prepayment.”

The Golden State remained the largest source of insured agency business, accounting for 13.2% of the total market.

Depository institutions saw their combined agency servicing shrink 2.5% from the third to the fourth quarter, squeezing their share of the market to 42.2%.

loanDepot’s biggest investor is Parthenon Capital Partners, a private equity firm...

The rock-bottom interest rates had substantially less impact elsewhere in the structured-finance market...

On Friday, Black Knight released its weekly forbearance report, declaring that 5.2% of all mortgages were in some form of relief, a 92,000 unit decline for the seven-day period ending Jan. 5. The data analytics vendor said despite what looked like positive news, it cited a “troubling slowdown in the rate of improvement.”

Although a press statement on the transaction notes the number of shares and price range has yet to be determined, the S-1 filed with the SEC says the maximum offering size is $100 million.