First elected to Congress in 2008, the African-American legislator began her public career in the Cuyahoga County Prosecutor’s Office in Ohio. She is not a member of the House Financial Services Committee...

The proposal is modeled after the FHA's partial claims program, though there are differences...

MBA’s Michael Fratantoni: “The job market data for November showed an economic recovery that was slowing in response to the latest surge in COVID-19 cases. It is not surprising to see the rate of forbearance exits slow, as households that needed forbearance assistance in October may be in even greater need now.”

Among the top five agency MBS issuers for the 30-day period, just one was a depository: Wells Fargo at number three.

Ginnie Mae single-family MBS issuance fell slightly from October but remained at near record levels. All told, the three agencies pumped out nearly $355 billion last month, a 5% gain from October.

MBA's Mike Fratantoni: “For the second week in a row, the share of loans in forbearance has increased, driven by a rise in new forbearance requests..."

The top three VA originators in 3Q20: Freedom Mortgage, Quicken Loans and Veterans United Home Loans...

One veteran trader said he’s seeing “lots of smaller [EBO] pools” in the market...

The estimated $822 billion of conventional-conforming lending set a quarterly record and represented 72.1% of the huge third-quarter wave of mortgage originations.