Freddie saw a huge gain in single-family servicing in early 2021, especially among nonbank servicers, while slumping FHA production led to a decline in Ginnie servicing. (Includes two data charts.)

Last week, word began to leak out that Caliber Home Loans was talking to New Residential Investment Corp. about a deal. Turns out, the sale chatter was true.

Though the CFPB wants to allow lenders to continue to use the patch for another 18 months, the PSPA requires Fannie and Freddie to cease buying patch loans as of July 1.