PennyMac also is pursuing new initiatives to grow seller relationships with credit unions and smaller banks…

However, Ocwen is still prohibited from buying bulk servicing rights until it receives regulatory approval from certain states…

UWM’s Mat Ishbia said competition among wholesale table-funders is a good thing…

Joe Garrett added: “…if you keep mediocre producers around, it sends a message that you tolerate mediocrity…”

Second-ranked Chase Home Finance serviced $176.60 billion of jumbos at June 30, up 4.1 percent compared to 1Q16…

Impac president Bill Ashmore said that at the end of 2Q, the lender had a $115.0 million pipeline of non-QM originations, about level compared to the pipeline the lender had at the end of the previous quarter.

Non-QMs will account for 20.2 percent of the planned $302.71 million JPMorgan Mortgage Trust 2016-2.

Freedom had $13.27 billion of originations in the second quarter, up 42.5 percent from the previous quarter, according to Inside Mortgage Finance.

On loan applications for 30-year fixed-rate conventional mortgages received in June 2016, the average loan size was $316,000, up from an average of $259,000 in June 2012, according to the Mortgage Bankers Association.

HUD said the final rule will create efficiencies in property disposition and help HUD obtain the greatest value for REO properties.