Bill Erbey, the company's founder and chairman, downplayed concerns that Ocwen is growing too quickly.

SunTrust is about to leave the wholesale/broker channel. Who's next?

Mortgage originations in the third quarter of 2013 fell to their lowest level since the end of 2011, pulling down industry earnings and expectations for next year. According to a new Inside Mortgage Finance ranking and analysis, lenders generated an estimated $460.0 billion in new home loans during the third quarter. That was down 18.6 percent from the second quarter, when production had rallied slightly. Compared to the first nine months of 2012, origination volume this year was...[Includes two data charts]

There’s more to federal regulators’ risk-retention proposed rule and qualified residential mortgage requirements than the 30 percent downpayment option that the industry has strongly pushed back against. Lenders are also concerned about proposed disclosure requirements, horizontal risk retention and sunset provisions for risk-retention requirements. In August, six federal regulators issued a revised proposed rule for risk-retention requirements mandated by the Dodd-Frank Act. Non-agency securities backed by mortgages that don’t meet QRM requirements will be subject to required risk retention of at least 5 percent by the issuer or contributing lenders. If regulators conform the definition for QRMs with the standards for qualified mortgages established by the Consumer Financial Protection Bureau, more than 95 percent of originations will meet...

The audit of the FHA's MMI fund should be ready by Christmas, not Thanksgiving.

Moody’s believes the servicers’ transitions into mortgage originations was positive, but raised concerns about declining refinance opportunities, competition with banks and the potential for nonprime originations.

“Our concern is whether companies have the resources internally to ensure that such arrangements are working as they should,” said one Ginnie Mae official. “Is the issuer adequately protecting itself and Ginnie Mae?”

Rep. Keith Rothfus, R-PA, brought the agency's breaches to the public’s attention during a hearing on CFPB reform legislation.

According to a copy of an early prospectus provided to IMF, lenders originating loans for the security include Nationstar Mortgage, Stearns Lending, Freedom Mortgage, Fifth Third Mortgage, Real Estate Mortgage Network and RMR Financial.

Citadel, which raised $200 million earlier in the year, has funded $18 million so far this year, but 40 percent of that has come in October. Eventually, it hopes to securitize its production.