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The number of loans going into coronavirus-related forbearance fell for the seventh straight week, but the Mortgage Bankers Association predicts the rate will increase if the number of coronavirus cases continues to rise.
August 3
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The size of the decline depends on how bad the economy sinks and if the coronavirus spread is halted.
August 3
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The year-over-year increase came as homebuying picked up and the company's mortgage lending business boomed.
August 3
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The company's servicing segment recorded a pretax loss of $251 million over the period.
July 31
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Even with the second quarter's market disruption, Redwood Trust still regained profitability.
July 31
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Fannie, Freddie also announced they'll face banklike liquidity standards starting Sept. 1.
July 31
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The mortgage giants will have to meet benchmarks for covering cash flow needs during stressed periods. The FHFA views the requirements as a prerequisite to the companies exiting conservatorship.
July 31
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While low interest rates drove up new insurance written, the increased defaults stymied overall performance.
July 30
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The government-sponsored enterprise's earnings were up tenfold as it stabilized mortgage market liquidity amid the coronavirus.
July 30
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The government-sponsored enterprise reported net earnings of $2.55 billion, up from $461 million in the first quarter.
July 30
