Mortgage brokers accounted for 10.9 percent of single-family mortgages securitized by Fannie Mae and Freddie Mac during the first nine months of 2014, but they achieved far deeper market shares in California and a handful of other states. Brokers originated 21.3 percent of Golden State mortgages during the first nine months of the year, their biggest footprint in any state, according to an exclusive Inside The GSEs analysis of loan-level data ... [Includes one data chart]

Fannie Mae and Freddie Mac are continuing their efforts in support of the Consumer Financial Protection Bureau’s eClosing initiative as well as the broader industrywide push for eventual eMortgage adoption, despite the challenges that have confronted the latter over the past decade. Ann Epstein, product development director at Freddie, told Inside The GSEs she does not think the limited adoption of eMortgages to date is a technology issue. “The technology ...

Of that amount, $9.9 trillion is mortgaged, according to Inside Mortgage Finance, which means consumers have untapped equity of $17.6 trillion.

PennyMac Commercial will focus on mortgages of under $10 million.

However, originations aren’t expected to spike in 2015 due to a number of factors, including tight underwriting standards.

The latest entry into the Ocwen legal sweepstakes is Lifshitz & Miller, Garden City, NY, whose specialties include class action lawsuits.

Wells Fargo and JPMorgan Chase increased their first-lien holdings compared to 3Q 2013 while Bank of America and Citigroup experienced a decline.

It’s anticipated that in the coming year nonbanks will continue to steal production market share away from depositories.

Radian, said Ibraham, expects to be fully compliant with the PMIER rules and the sale of RAA will help the company “accelerate our ability to do so.”

The new jumbo MBS from Five Oaks includes representations and warranties that do not sunset.