Although the forbearance program was extended by the FHFA, it still looks expensive to lenders at 500 to 700 basis points...

When was the last time the market saw a publicly traded wholesale-only lender?

One last observation: Over the past month we’ve talked to no one who believes 2021 will be a train wreck. Several expect it to be a strong year, just but not as good as 2020…

For weeks, there had been unconfirmed rumors that UWM might be contemplating an IPO but the missing ingredient was the SPAC. Based in Pontiac, MI, the privately held UWM, ranks third among all originators, according to figures compiled by Inside Mortgage Finance.

The regulator/conservator notes the GSEs own or guarantee roughly $6.0 trillion in mortgages. However, the two have a combined leverage ratio of 200 to 1...

The acquisition includes Cohen’s servicing and asset management clients and roughly 120 employees.

At June 30, subservicers handled 26.5% of all outstanding first liens in the U.S., a slight decline compared to March 31 of this year.