In mid-January, Charles Scharf, president and CEO of Wells, had indicated the bank was ready to resume activity on correspondent basis, but was noncomittal.

An affiliate of Starwood Capital Group merged with Blackstone's Invitation Homes in 2017. SCG started a new SFR investment initiative in 2018.

The characteristics of the mortgages are similar to the types of jumbos Flagstar was securitizing before the market was disrupted last year...

loanDepot's stock jumped more than 50% on its first day of trading after the nonbank downsized its IPO.

CFPB's acting director said more attorneys are needed to achieve his goal of "vigorous oversight of all applicable federal laws and the fullest utilization of our legal authorities."

Time-based measures of delinquency rates showed slight declines during the fourth quarter of 2020, as did the foreclosure rate, according to Inside Mortgage Finance's large servicer delinquency index.