Some history: When GMAC imploded earlier in the decade, some of its GSE servicing rights were sold to Ocwen. Ocwen eventually sold those contracts to Nationstar.
Mortgage originations continued to gain momentum in the third quarter of 2017, although most experts are calling for a slowdown in the final three months of the year. An estimated $495.0 billion of first-lien home loans were originated during the third quarter, according to a new Inside Mortgage Finance ranking and analysis. That represented an 8.8 percent increase over the April-June cycle and brought year-to-date production to $1.335 trillion – off ... [Includes two data charts[
FHA Commissioner Nominee Brian Montgomery: “To be clear, fraud and misrepresentation have no place in any industry … but I wonder if we haven’t gone too far.”
Among the standouts in terms of lending growth were Freedom Mortgage, Caliber Home Loans, United Wholesale, and Home Point Financial, Inside Mortgage Finance found…