Ocwen funded $1.2 billion in “forward” mortgages and an additional $213 million of reverse loans. In 2Q16 it funded $1.32 billion.

HUD has eased condo requirements, effective immediately. Lenders and Realtors start your engines…

This past summer, Arch agreed to buy United Guaranty, the market leader in the MI space.

Ocwen had an average of 7,484 employees in the third quarter of 2016, down 12.3 percent from 3Q15...

The U.S. mortgage market produced an estimated $580.0 billion of first-lien originations during the third quarter of 2016, according to a new Inside Mortgage Finance analysis and ranking. That was up 13.7 percent from the second quarter, and it marked the strongest origination cycle since the fourth quarter of 2012, when $584.0 billion of new loans flowed through the pipes. The robust third quarter brought year-to-date originations to $1.470 trillion, up 8.9 percent from the first nine months of 2015. Lender feedback and agency mortgage-backed securities data suggest...[Includes two data tables]

There has yet to be a “large” mortgage M&A deal announced this year other than the pending sale of EverBank to TIAA.

The ICBA noted that community banks have invested heavily in complying with the disclosure rules, but the complexity of the requirements has made it inevitable that some will be found non-compliant.

On average, the California-based GEMBC facilitates roughly $800 million of commercial mortgages a year.

The higher purchase-money estimate – released at the MBA annual in Boston – is predicated on stronger household formations coupled with employment growth and rising wages.

Wedbush's Henry Coffey notes that PHH is “facing a number of challenges,” including a struggle to restore profitability…