Correspondent

JPMorgan Chase reported a 5% increase year-over-year in its second-quarter mortgage banking revenue even though its loan origination volume fell by 15%.

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

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.

PennyMac Mortgage Investment Trust is now offering sellers the option to have the company underwrite the whole loans it purchases.

ICBA Mortgage has expanded its relationship with DH Corp. to offer Independent Community Bankers of America members access to the MortgageBot loan origination system.

Flagstar Bancorp is interested in buying a small-to-midsized independent nonbank mortgage banker as part of a strategy to boost its retail origination volume.

Stonegate Mortgage Corp. expanded its loss year-over-year following a decline in mortgage servicing rights assets.

Redwood Trust posted lower profits for the first quarter of 2016 as a result of falling interest income and the impact of lower interest rates.

Cost improvements weren't enough to keep Ocwen Financial Corp. out of the red during the first quarter.

An Altisource Residential Corp. affiliate is taking management's side in the real estate investment trust’s fight with activist investors.

The USDA mortgage production operation makes up a very small part of JPMorgan Chase's overall lending business.

LoanLogics has raised $10 million in new capital that the mortgage software vendor plans to use to support its growth.

Redwood Trust has promoted its chief financial officer, Christopher Abate, to replace its departing president, Brett Nicholas.

As a handful of new issuers enter the market and the implementation of a key regulation pave the way for subprime securitization's comeback, the volume of new loans that are actually available to the market remains a question.

The American Bankers Association's mortgage subsidiary, ABA Community Bank Mortgage, has chosen BOK Financial Correspondent Lending to be its newest secondary market investor.

Zais Financial may shut down its business and liquidate its holdings if it can't a buyer or a merger partner.

Redwood Trust is "repositioning" its mortgage business by focusing mainly on jumbo loans, according to its top executives.

Radian Group's Clayton Holdings hired Brian Wornow to be senior managing director of lending services as the mortgage-information unit seeks more business from Wall Street firms.

Walter Investment Management Corp. has named David Schneider as president of servicing and originations at Ditech Financial.

CU Companies on Monday said it finished 2015 with "significant growth" in its mortgage lending partnerships.