MSR

The post was vacant since Kristy Fercho left to run Wells Fargo Home Loans in July.

Nearly half of the second-quarter volume came from its existing customers.

If it makes landfall as a Category 3 storm as was initially projected, damage from Hurricane Laura's surge could potentially devastate 432,810 residential properties in Texas and Louisiana, according to CoreLogic.

Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing gives it a MSR portfolio of over $300 billion.

The number of loans going into coronavirus-related forbearance decreased for the ninth consecutive week, according to the Mortgage Bankers Association.

Its stock price, which slid since day two of trading, opened 10% on the earnings news.

The number of loans going into coronavirus-related forbearance was down for the eighth consecutive week, as the growth rate fell 23 basis points between July 27 and August 2, according to the Mortgage Bankers Association.

The company's Dun & Bradstreet investment reduced its results by $31 million.

The company reported nearly $23 million in losses for the second quarter, but that was an improvement on a quarter-to-quarter basis.

The mortgage servicing rights package going up for bid adds to signs that the market for large offerings is becoming more active.