Where did the Ocwen name originally come from? It’s “Newco” spelled backwards.

Brokers accounted for 19.1% of first-lien originations in the first quarter, up from 17.5% in the previous quarter.

Most of the increase in Freddie buybacks in the first quarter of this year came from loans that were securitized in 2023, which totaled $219.1 million and represented 65.8% of Freddie repurchases in early 2024.

DTI ratio was a factor in 38.45% of denials of applications for purchase mortgages in 2023.

Agency MBS held in portfolio at REITs that focus on mortgage assets slid 1.8% to $168.47 billion as of the end of the first quarter of 2024.

The California-based nonbank ranks 17th among home funders and 18th among owners of mortgage servicing rights.

As MBA recently noted, personnel expenses tied to loan production declined in the first quarter...

A number of banks reduced their jumbo originations in early 2024 and nonbanks aren't fully picking up the slack.

The total delinquency rate among large servicers was 3.23% at the end of March, down 38 basis points from the end of 2023.

FHA's share of combined FHA/VA lending declined to 60.8% in the first quarter of 2024.