CEO Dan Perl noted that the lender will surpass $30 million of fundings in May, a record for the company.

Five Oaks' management noted that the REIT has better control of its jumbo MBS exposure since the company issued its own security in April.

Stevens also said that while he was FHA commissioner he chose not to go after lenders for violating the False Claims Act because he said such actions would have opened a “Pandora’s Box.”

The eight nonbanks – including the top publicly traded firms that rank high in originations, servicing or both – posted a combined $40.5 million in mortgage-banking income during the first quarter.

Last year loanDepot bought Mortgage Master, Walpole, MA, one of the largest home lenders in New England.

VA originations by state-licensed lenders rose 14.5 percent from 2013 to 2014.

Fidelity, a market leader in title insurance, has a market capitalization rate of $10.6 billion and is headed by William Foley, age 70, who has a history of spinning off companies.

A group of eight large nonbank mortgage lenders managed to post positive earnings on their combined mortgage banking activities during the first quarter of 2015, but they failed to keep pace with a group of 24 banks and thrifts tracked by Inside Mortgage Trends. The eight nonbanks – including the top publicly traded firms that rank high in originations, servicing or both – posted a combined $40.5 million in mortgage-banking income during the first quarter ... [Includes one data chart]

Fannie, Freddie and Ginnie all posted solid gains in volume during April, but Ginnie had the strongest increase with issuance rising more than 32 percent…

Many shops continue to recruit for LOs but with the caveat they have strong ties to Realtors and homebuilders.