JPMorgan, in particular, was an origination laggard, funding $24.2 billion in home mortgages during the second quarter, a 13.8% decline from the first three months of the year.

Efforts to turn Ocwen around appear to be working. The publicly traded nonbank earned $2.0 million in the second quarter and officials there suggest the lender/servicer will be profitable next year.

The writing was on the wall: nonbanks took over the Ginnie market back in 2016...

Democrats and consumer advocates suggest that some servicers aren't following forbearance requirements established by the CARES Act.

In order to lower servicing costs, FHA proposed limiting required mortgagee curtailment of interest to the length of the mortgagee’s delay...

Wells posted a 204 basis point held-for-sale production margin, up an impressive 96 bps from 1Q20...

The Fannie Mae/Freddie Mac measurement came in at 6.07%, down 11 bps, the fifth consecutive decline.

In a public filing this spring, Ocwen listed among its risks: “our ability to maintain positive relationships with our large shareholders…”

In a new report, the CFPB’s Inspector General has recommended the bureau tailor its resources to monitor institutions based on risk and expand monitoring of nonbanks.