Wells Fargo's origination market share keeps dropping, but is still more than double that of its closest competitor, JPMorgan Chase.

Once word leaks out that a mortgage company is a takeover target, many LOs start weighing their options, contacting competitors who tried to recruit them in the past.

Roughly a month ago, ClearVision founder Jon Maddox announced his retirement to Pacific Union senior management.

Guild's McGarry also said the company will not be closing on any more transactions in 2014.

Total mortgage complaints have been trending downward since they peaked at 15,239 in the first quarter of 2013.

Another positive for the production market is a new willingness on the part of certain warehouse banks to finance the production of non-QM loans.

With certain exceptions, credit unions invest almost exclusively in agency product, avoiding jumbo securities.

For a bond investor such as PIMCO, the attraction should not come as a total surprise.

Note to Ocwen management: every US employee is a potential mortgage customer. Think about it.

It could take years for the non-agency mortgage-backed securities market to even approach the depth and liquidity it had before the housing meltdown, according to experts participating on a panel during the annual convention of the Mortgage Bankers Association this week in Las Vegas. The main reason non-agency MBS issuance does not amount to much is the huge bank demand for jumbo mortgages, said Tom Millon, president and CEO of Capital Markets Cooperative. Only about 77 percent of ...