Ellington believes that one of the biggest opportunities for the company will be products geared toward self-employed borrowers.

Although the FHA has been losing ground for several years to the private MIs, the program saw a surge in refis in March...

Financial consultant Paul Hindman, however, is concerned about such bonuses...

A CFPB lending exam can take up to six months to complete and can be quite expensive over time...

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.