Freddie Mac posted a $7.3 billion profit in 2020, including net income of $2.9 billion in the fourth quarter.

Ocwen Financial took another loss in the fourth quarter of 2020. The nonbank also received a cash infusion from Oaktree Capital Management with plans to grow.

Black Knight noted that “overall improvement continues to be limited.” Compared to the prior month, the forbearance reading fell by 1.5%.

Black Knight noted that “overall improvement continues to be limited.” Compared to the prior month, the forbearance reading fell by 1.5%.

From a market perspective, all those forbearances are cumulative. Fannie Mae and Freddie Mae estimate that one in four of the borrowers who entered into forbearance continued to make their payments...