Secondary

Arch's second CRT transaction this year to obtain indemnity reinsurance for mortgage-insurance premiums comes at a time it is also experiencing rising 60-plus-day delinquencies on its outstanding securitized pools.

Also: NMN analyzes political donations from the industry, foreclosure and eviction ban extended to year's end.

Blackstone Group, which led Wall Street's initial foray into the single-family rental business, is making a new investment in suburban houses at a time when the COVID-19 pandemic is pressuring traditional commercial real estate.

Refinancing has been one of the bright spots in a difficult year for lending, and the industry has concerns that a fee to be imposed by Fannie Mae and Freddie Mac could slow down the business.

The new reality for investors and originators accounts for forbearances and ability-to-repay.

As the end of the first six-month forbearance period arrives, the impact of the new cap is coming into focus.

Many mortgage companies are hoping to operate remotely through year-end and are asking regulators for relief to that end.

Both the Federal Housing Finance Agency and Federal Housing Administration are extending relief for homeowners and renters due to the pandemic crisis.

Three non-QM deal issuers in August report varying levels of progress in moving borrowers from expired forbearance programs.

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.