Repurchases were up in the fourth quarter of 2020, with Freddie still representing a disproportionate share of the action. Most claims are resolved without a buyback. (Includes three data charts.)

Banks reported $22.5 billion in mortgage banking income in 2020, according to call reports. Long-time industry leader Wells Fargo had a rough ride. (Includes data chart.)

Industry participants suggest that technology and communication can help the closing process run smoothly. Hybrid closings have cut the time a borrower spends with a notary from 45 minutes to 15 minutes.