Origination

Nonbanks continue to expand their share of lending volumes as depositories keep scaling back their business in the residential mortgage space.

Walter Investment Management Corp. subsidiary Ditech Financial has relaunched a wholesale lending channel.

Progress Residential is refinancing its first securitization of single-family rental properties.

While many depositories do just enough mortgage lending to low- to moderate-income borrowers to meet statutory requirements, The Federal Savings Bank has made it a backbone for growth.

Foreclosure inventory and the number of completed foreclosures both dropped in May compared with a year ago, according to CoreLogic.

Citigroup's next commercial mortgage securitization has heavy exposure to split loans that serve as collateral for a number of other transactions.

The management team at Bank of the Ozarks knows it has a dependency on commercial real estate. But they assert that sound underwriting, and efforts to diversify, are what really matters when assessing risk.

Just 2.8 million borrowers remain in negative equity, a 13% decrease year-over-year, according to Black Knight Financial Services.

Mortgage credit availability dropped for the fourth consecutive month in June, the Mortgage Bankers Association reported.

Although the Consumer Financial Protection Bureau doesn't mandate doing so, lenders' best chance to stay compliant with future data initiatives and regulatory changes is to implement standards set by the Mortgage Industry Standards Maintenance Organization.