Redwood locked $2.1 billion in mortgages during the third quarter but only acquired $176 million...

The FHA share of the insured agency market fell to 22.7%, down from 23.5% in the second quarter and 28.8% a year ago.

But the strong results are likely to cause some blowback. Come Dec. 1, their seller-servicers face a 50-basis point “adverse market” fee on most new refis. With Fannie and Freddie registering such strong profits — and with the forbearance picture continuing to improve — the rancor that lenders feel on the issue is likely to worsen.

Mr. Cooper, which ranks third among servicers, pinned the MSR shrinkage on prepayments as borrowers refinanced into loans offered by competitors...

The second and third quarters rank among the most profitable for the sector, though merger activity and changing mortgage strategies can make comparisons to prior periods tricky...

The top three in the complaint category: Experian, Transunion and Equifax...

On Friday, Black Knight Financial released its forbearance tally, saying cases declined by 11,000 units for the seven-day period, ending October 20. Roughly, three million mortgagors remain in active COVID-related relief programs, the analytics firm noted.

“While 2003 was a bigger overall mortgage year than 2020 will be, the GSE portion of the market is larger and will likely push this into the biggest year for Fannie and Freddie ever,” said Dave Stevens, the former FHA commissioner.

After pulling back from correspondent lending during 2Q20 amid market volatility, New Residential sharply increased its loan purchases in the third quarter...

A mere $70.81 billion of MSR changed hands in the third quarter, the lowest total since Inside Mortgage Trends began tracking the market in 2015.