California had threatened to pull the company’s license over document requests that Ocwen was ignoring at the time. Eventually, the two parties came to terms.

LoanStar expects to originate $750 million of home mortgages this year and has set a goal of doubling that in 2016…

Unless mortgage-banking income takes another steep downturn in the fourth quarter, 2015 will likely prove more profitable than 2014 by a slim margin.

However, 40 percent of those lenders who do not offer a mobile app plan to make one available over the next 12 months.

Bank of America grew its MBS holdings by a stunning 22.7 percent in the third quarter, according to Inside MBS & ABS.

FINRA made some concessions to the industry in the proposal issued in October, but many MBS traders warned of dire consequences if the proposed margin requirements take effect.

Moreover, during the quarter, the REIT joined the Federal Home Loan Bank of Atlanta.

Prospect Mortgage said that although it settled, the lender did not admit “to any alleged violations of applicable laws, regulations or rules..."

In the same blog post, Hsieh – who did not talk to the press about the scuttled IPO – described loanDepot as a “unicorn startup,” calling it “one of the very few success stories not from Silicon Valley.

An estimated 32.5 percent freefall in refi originations during 3Q had a much bigger impact on the conventional market than on government-insured lending.