PHH Corp. and Ocwen Financial – both large publicly traded nonbank mortgage lenders – released third quarter results suggesting that at least one of them, Ocwen, might have a future. Ocwen, which has been bleeding red ink for roughly two years, posted net third-quarter earnings of $9.4 million, though there were several caveats to its results, including previously announced legal settlements that have yet to be paid. Still, Ocwen continued...

Walter also agreed to sell $5 billion in servicing rights to New Residential Mortgage LLC.

EverBank – which is in the process of being sold to TIAA – originated $869.8 million of jumbos in 3Q16, a 1.5 percent sequential decline, and down 28.7 percent from the third quarter of 2015.

Redwood sold $774.0 million of home mortgages into a welcoming whole loan market along with a $358.00 million jumbo MBS…

Shellpoint is the parent of New Penn Financial and Shellpoint Mortgage Servicing, both top-50 players…

Almost six years after the initial foreclosure complaint was filed, the same borrower was facing a subsequent foreclosure action due to another default on the mortgage…

“We’re still hiring a lot,” said United Wholesale CEO Mat Ishbia.

Wells Fargo once again ranked first among all agency sellers with $17.6 billion sold to Fannie, Freddie and Ginnie. Quicken was second with $8.46 billion.

Early next year, Fannie Mae will open up the program to other seller/servicers…

By midyear 2017, PennyMac Financial will be table funding mortgages through third-party loan brokers.