Okay, so maybe the reintroduction of 97 percent LTV loans is not a game-changer...

The CMC believes that servicers should not be required to verify flood insurance coverage on existing loans when the escrow option becomes effective.

Some banks pay between 50 and 80 basis points per loan. At the top end of the market are loan officers who earn between 150 and 200 basis points per transaction.

According to figures compiled by Inside Mortgage Finance, Wells Fargo was the nation’s largest home lender in the third quarter with $49.95 billion. JPM was a distant second.

A spokesman for Royce recently told IMFnews that the Congressman will look “to get something through the 114th Congress to put a stop to this…”

The 2013 GSE book of business is getting a lot more attention from Fannie Mae and Freddie Mac.

FIG Partners will now buy or sell performing and non-performing residential mortgages and much more.

The general consensus among those interviewed is that nonbanks will be more aggressive in their recruiting than depositories.

Of that amount, $9.9 trillion is mortgaged, according to Inside Mortgage Finance, which means consumers have untapped equity of $17.6 trillion.

PennyMac Commercial will focus on mortgages of under $10 million.