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.

However, originations aren’t expected to spike in 2015 due to a number of factors, including tight underwriting standards.

The market heated up significantly in 2013 with $152.22 billion of Ginnie MSRs being transferred.

Barclays is acting as the administrative agent on the deal and will be the sole note holder.