Sheen Bay Research expects Ocwen's management to achieve its target of positive earnings in 2021. However...

More than $13.0 billion of non-agency mortgages traded on Maxex’s trading platform in the first 11 months of the year. In all of 2019, $2.7 billion of non-agency product traded on the exchange…

Roughly 33% said profits will remain the same while 48% expect earnings to decrease...

David Rosenblum, a partner in the firm, said Prophet has “an appetite for billions more.”

In case you’re keeping track, Treasury (since the historic takeovers 12-plus years ago) has pumped $191.4 billion into the Fannie/Freddie machine but received $301.1 billion back in the form of dividends.

The nonbank is also working on an IPO...

MBA: “Compared to the last two months, more homeowners exiting forbearance are using a modification – a sign that they have not been able to fully get back on their feet, even if they are working again.”

UWM: “The allegations will be vigorously defended as they hold no merit"...

Prices for bulk MSR assets are firming up as well...