Essex Bank launched a wholesale group while Live Well Financial plans to hire more than 300 loan officers.

First Republic Bank and JPMorgan Chase were the top two contributors to the scant four jumbo MBS deals that hit the market during the second quarter.

The changes sought by the MBA would also allow mortgage loan officers at banks to more easily transition to working for nonbanks.

The unspoken factor affecting Ocwen's immediate future is Benjamin Lawsky and the New York Department of Financial Services.

Ocwen watchers have wondered when – or if – New York state will ever bring any formal charges against the company.

Some 4.1 percent of the mortgages to be included in the MBS missed their July payments, with most of the delinquencies due to transfers to Cenlar, according to the term sheet.

Hello, It's Me Again: Your foreclosure notice.

Jeff Mezger, president and CEO of KB Home, said the first-timer share of home purchases is rising due to increased employment, noting cities in Texas as an example.

Credit Suisse submitted winning bids on all of the non-agency MBS auctioned by BlackRock, with most of the securities quickly being placed with other investors.

While affluent borrowers prefer to obtain mortgage financing from their primary bank, some in this category are willing to shop, particularly when competing lenders offer lower interest rates or more attractive loan products.