Nonbank institutions continued to expand their footprint in agency mortgage servicing rights last year, thanks to both their growing share of new originations and a hefty dose of MSR transfers, according to a new Inside Mortgage Finance ranking and analysis. At the end of 2015, some $5.931 trillion of home mortgages were connected to mortgage-backed securities issued by Fannie Mae, Freddie Mac and Ginnie Mae. That was up a modest 0.8 percent from the same period back in 2014 and included a small 0.3 percent increase from the third to the fourth quarter of last year. These figures are based on agency MBS disclosures that typically vary slightly from aggregate data released by the three agencies. Nonbanks accounted...[Includes two data tables]

Ocwen, in particular, will need to tell investors exactly how they plan to become a top-10 originator, something that seems like a long shot right now...

Rumors of a large layoff at Redwood first broke Monday...

However, for all of 2015, private MI volume in Fannie/Freddie MBS was up 25.2 percent from 2014...

In the past, some lenders have complained about forced buybacks because of loan defects even when a mortgage is current.

The $3.02 billion of Ginnie Mae rights that IMA is selling are presently being subserviced by LoanCare Servicing, Virginia Beach, VA.

Shelly Logemann, a top producer and branch manager for the privately held RPM, told us “TRID was a blip on the radar..."

In other words, the regulation to ban captives from entering the system moved forward despite overwhelming industry opposition…

Quicken Loans, ranked second overall in GSE loan deliveries last year, growing its business by 32.2 percent…

While nonbank residential lenders lean a little more on TPO channels, banks are still the driving force in the correspondent market…