Although a number of major correspondent lenders pulled back from that market in 2013, a hefty 29.1 percent of home mortgages were funded by one company and then sold, servicing released, to a larger aggregator and, typically, securitized by Fannie Mae, Freddie Mac or Ginnie Mae. That means total production figures that include correspondent lending significantly overstate the concentration in the mortgage origination sphere. Including its correspondent production, for example, Wells Fargo put its fingerprint on 27.7 percent of new mortgages originated in 2012. But the company’s direct originations – loans generated through its retail channel and funded through mortgage brokers – represented...

Redwood Trust isn't the only busy beaver in the jumbo MBS market. Credit Suisse is out with a new deal.

When it comes to sales of retail-originated loans with private mortgage insurance, Quicken Loans is the new king of the market, according to exclusive figures compiled by Inside Mortgage Finance.

Not only is Genworth's mortgage insurance division in the black again, but it expects to stay profitable.

W.J. Bradley isn't necessarily buying Legacy Group Lending, but the two firms are combining forces.

FHFA issues progress report on the "common securitization platform" but no CEO is in place yet. Meanwhile, Ally is out of MSRs totally.

If Rep. Mel Watt gets the FHFA job will he tinker with GSE net worth minimums?

PennyMac Financial Services could raise just over $200 million through an initial public offering of stock.

Union Bank hopes to make a big splash as a retail funder of Fannie Mae and Freddie Mac loans.

Banks are still making nice profits off their residential lending and servicing businesses, but 4Q12 may turn out to be a peak in the cycle.