Home Point will keep originating FHA/VA products but it won't be servicing the loans. An opportunity for someone else?

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

Mortgage-related gripes to the CFPB declined by 14% in the third quarter. Loan mods showed the weakest improvement, with complaints down 5%. (Includes two data charts.)

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...

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

After years of contributing loans to expanded-credit MBS issued by others, AmWest came to market with its own deal in September. Angel Oak ranked second among contributors to EC MBS issued in the third quarter. (Includes three data charts.)

GSE loan limits could go up by 20% next year, reducing the share of loans that could be non-agency jumbos. Even with lenders offering higher GSE loan limits in advance, Redwood hasn’t seen much of an impact.

Non-agency MBS can generate returns in the mid-teens, according to some issuers. Also, a reduction of limitations placed on the GSEs isn’t expected to slow non-agency MBS issuance of GSE-eligible loans.

Originations of non-agency mortgages for residential investment properties increased by nearly 60% in the third quarter at Velocity. The lender also received a record amount of loan applications in October.