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.”

A few fun facts about Home Point: Through the first nine months of 2020 the company posted net earnings of $422 million compared to a loss of $45 million for the comparable period a year earlier.

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.

Sound crazy? Not necessarily and not if you factor into the equation the fact that company owners — should they so choose — have the right to pull cash out of their firms.

Black Knight warned of a “troubling" slowdown in the rate of improvement…

According to figures compiled by Inside Mortgage Finance, SoFi sold roughly $1.9 billion of home mortgages to Fannie Mae in 2020, including $670 million in the fourth quarter alone.

Among those filing missives: the American Land Title Association, Mortgage Bankers Association, National Association of Realtors, and the Structured Finance Association.