The Pontiac, MI-based lender is forecasting 4Q originations of $52.0 billion to $60.0 billion and a GOS of 85 to 105 bps.

While FoA is originating many more traditional mortgages than reverse mortgages, much of the lender's profits are coming from reverses...

When asked if he supported the new qualified mortgage rule, Chopra said, “I don’t know"...

Among the major contributors to expanded-credit MBS, Sprout and HomeXpress Mortgage had the biggest jumps in securitized loans...

Ocwen's MSR investments are ahead of schedule...

Lenders and brokers continue to maintain their payrolls, but staff reductions could be on the horizon...

The 10 bps g-fee strip inaugurated in 2011 to pay for a temporary tax cut is set to enter its second decade, despite expiring more than a month ago.

Fannie was the only agency to boost volume last month as new issuance rose 2.1%.

Much of the income was tied to PennyMac's originations through the consumer direct and brokers channels.

As servicing assets increase in value, the industry might see more nonbanks use MSRs as collateral for debt deals...