Stevens also said that while he was FHA commissioner he chose not to go after lenders for violating the False Claims Act because he said such actions would have opened a “Pandora’s Box.”

PennyMac Financial Services also originated $8.9 billion of home mortgages in 1Q, an 11.3 percent increase compared to the previous quarter.

Two Harbors is developing a network of lenders that will sell MSR assets to the company on a flow basis.

The legislation would provide a temporary transitional license and give loan originators 120 days to pass testing standards...

Most firms report the earnings/loss figure in the first or second paragraph of their press release, but not Stonegate Mortgage.

Fun fact: First Republic was the only bank among the top five contributors to jumbo MBS issued in the first quarter.

Nearly every firm tracked in the Inside Mortgage Finance Large Servicer Delinquency Index reported improvements in mortgage performance during the first quarter...

Redwood posted just $2 million in income from residential mortgage banking activities in the first quarter.

“Some companies were proactive in addressing these deficiencies in a timely fashion while others' control structures remained problematic,” the MMC said.

Hatteras held $123.3 million of jumbo ARMs at March 31, a 296 percent increase over three months.