The total delinquency rate on mortgages in agency MBS stood at 2.83% as of the end of September, up from 2.60% at the end of June.

The bank focuses on direct-to-consumer originations, with $267 million in production in the third quarter.

Standards for remote work by loan originators vary by state.

Morgan Stanley has issued a number of prime non-agency MBS in recent years.

U.S. Bank is making investments in its mortgage unit to drive growth.

Small to mid-sized nonbanks accounted for 24.7% of GSE business in the third quarter, up from a 23.1% share in the second quarter.

Susan Wachter, a real estate and finance professor at the Wharton School of the University of Pennsylvania, said it must be the industry’s new mantra.

U.S. Bank's servicing-for-others portfolio fell to $232.3 billion at the end of September from $251.6 billion at the end of June.

ACI Payments erroneously charged payments on the accounts of 480,000 mortgage holders serviced by Mr. Cooper.

Banking regulators plan to release a final rule Oct. 24 with revisions to standards under the Community Reinvestment Act.