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...

Risk layering remains uncommon on the new breed of expanded-credit mortgages…

Ocwen CEO Glen Messina: "Having completed the merger, we now have unrestricted access to PHH employees..."

Will Rep. Maxine Waters tackle GSE reform?

One observer with clients who received the letter, said: “This has spooked the horses.”

Ocwen is planning a re-engineering of its cost structure...

LoanStream was already originating nonprime mortgages via retail and wholesale outlets...