A few mainstream lenders are starting to take notice, but most of the action is at a handful of nonbanks that have spearheaded the sector’s rise…

Several months ago, rumors began to surface that Pacific Union might be for sale...

Redwood CEO Chris Abate: “Our game plan in the third quarter was a bit unconventional – we ran an up-tempo offense, squarely in the face of mortgage market headwinds.”

About 41 percent of Impac's volume now entails non-QM lending...

UBS said the Department of Justice intends to file a civil complaint against the company relating to pre-crisis MBS issuance...

The modest decline in total first-lien mortgage originations during the third quarter affected most sectors of the market, but it hit a little harder at the prime-jumbo space, according to an exclusive new Inside Mortgage Finance analysis. (Includes two data charts.)

Lenders that predominantly originate purchase mortgages might have been better prepared for the shift away from refinances but they’re not immune to the tighter margins that have accompanied increased competition for volume in recent months.

PennyMac Financial Services is turning profits, increasing originations, acquiring servicing and looking to grow market share while other lenders are faltering under increased competitive pressure.

Ditech said it has no plans to appeal the NYSE’s decision.

Analysts see the expiration of the QM patch as having a lesser effect on the non-agency market and a greater impact on FHA...