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%.

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.)

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.

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.

When nonbanks thrive, their financiers thrive as well. In 3Q20, warehouse commitments continued onward and upward. (Includes data chart.)

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.

The share of loans in the seriously delinquent category increased during the third quarter. Loan performance was worst among FHA mortgages. (Includes data chart.)

While the share of loans in forbearance continues to decline, the borrowers who remain in relief could be more difficult to help, according to industry analysts.

The third quarter was good to the two mortgage giants, but it wasn’t completely worry-free: Serious delinquencies spiked.

It’s been a quiet year for mortgage-related M&A. (Credit the pandemic and the resulting refi boom.) Meanwhile, some ponder what a normal origination year might look like.