The current supervisory expectation of a near-zero error rate is virtually impossible to achieve, lenders have told the Consumer Financial Protection Bureau.

The privately held Mortgage Master is on track to originate $5 billion this year, all of it through the retail channel.

Non-agency issuers produced $32.16 billion of new commercial MBS, a 40 percent increase from the second quarter.

One veteran mortgage trade group official, a staunch Republican no less, told us that Lawsky is an “honest and bright guy,” adding that he understands the issues.

The share price of Ocwen Financial recently fell to a 52-week low of $18.47, a 70 percent decline that has wiped out at least $5 billion in market equity.

Wells Fargo's origination market share keeps dropping, but is still more than double that of its closest competitor, JPMorgan Chase.

Once word leaks out that a mortgage company is a takeover target, many LOs start weighing their options, contacting competitors who tried to recruit them in the past.

Meanwhile, 84 lenders contributed to Redwood’s pending issuance, led by First Republic Bank with a 32.6 percent share.

In three-plus years of originating subprime mortgages, Citadel has suffered two foreclosures and a handful of delinquencies, but no losses.

2014 is going to go down as the worst year in new mortgage origination volume since the turn of the century, but it’s clearly not as bad as many have feared. Mortgage lenders produced an estimated $335 billion in new single-family loans during the third quarter, a solid 9.8 percent increase from the previous period, according to a new Inside MortgageFinance ranking and analysis. Significantly, the first and second quarters of this year were...[Includes two data charts]