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Delinquencies Decline in 4Q20, Forbearance Rate Nearly Stagnant

February 11, 2021
Brandon Ivey
Mortgage performance improved across the board during the fourth quarter. However, the forbearance rate has been stagnant since November, leading to concerns about foreclosures when moratoriums on such actions are lifted. (Includes data chart.)
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A Banner Year for IPOs and IPO-Bound CEOs

January 28, 2021
Paul Muolo
Record loan production translates into record paychecks for CEOs. Right? If there’s an IPO involved, yes, but there are exceptions. (Includes data chart.)
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One for the Ages: Home Lenders Set New Production Record of $4T-Plus

January 27, 2021

Production records were shattered despite the crushing economic weight of the coronavirus and because of the ensuing nosedive in mortgage interest rates – and the Fed's bottomless appetite for agency securities...


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Some Mortgage CEOs Earned More Than LeBron in 2020?

January 7, 2021
Paul Muolo
It was that kind of year in 2020: chatter about fat checks for CEO/proprietors. Some may have earned more than the nation’s top athletes but probably less than Oprah.
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What Happens After Forbearance Ends?

December 18, 2020
Dennis Hollier
According to the U.S. Census Bureau, 19.4% of Black borrowers missed or delayed their September mortgage payment. The University of Southern California’s Understanding America Study put the figure at just 5.9%.
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Big GSE Surge Powers 3Q20 Growth in Servicing Market

December 17, 2020
John Bancroft
Banks continued to retreat from the business of servicing home loans for other investors as nonbanks increased their MBS servicing by 6.6% in the third quarter. (Includes two data charts.)
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Originations Show Few Signs of Slowing in 4Q20

November 25, 2020
Paul Muolo
We’ll never seen another quarter like 3Q20 again, right? Not so fast. Nonbank managers report that business is hardly slowing as 2020 winds down.
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Shifting Job Trends: From LO to Broker Status?

November 19, 2020
Paul Muolo
As originations surge, the mortgage employment picture continues to brighten — that's good news for the rank-and-file but potentially bad news for the C-suite.
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The Warehouse Gravy Train Continues Unabated

November 12, 2020
Paul Muolo
When nonbanks thrive, their financiers thrive as well. In 3Q20, warehouse commitments continued onward and upward. (Includes data chart.)
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Rocket Outearns Freddie, Gaining on Fannie

November 12, 2020
Paul Muolo
A mortgage boom for the ages? So far this year, Rocket (Quicken Loans) has outearned one GSE and is within striking distance of the other.
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