Ocwen said its ability to utilize the NOLs to offset future taxable income may be significantly limited if the company experiences an ownership change.

Matt Nichols, CEO of Deephaven Mortgage, said the share of LOs that actually offer non-QMs is in the single digits.

The unit will continue to be headed by industry veterans Tad Dahlke and Hal Hermelee...

Will FHA hike its premiums? Maybe, maybe not...

Angel Oak Lending, Citadel Servicing and Navy Federal Credit Union all had IO gains of more than 60 percent during the quarter.

Recently, Inside Nonconforming Markets published its second quarter ranking of expanded-credit lenders, but Deephaven did not appear.

Mortgages from 74 lenders will be included in the deal…

Wells Fargo plans to test the market for jumbo MBS issuance within the next year, according to John Shrewsberry, a senior executive vice president and chief financial officer at the bank.

Wells Fargo is getting closer to returning to the jumbo mortgage-backed security market, according to John Shrewsberry, a senior executive vice president and chief financial officer at the bank. “We will be securitizing some of our jumbo loans, which has been a dormant market for a long time, but just as a method of demonstrating liquidity and getting market pricing,” he said last week at a conference hosted by Barclays. Wells has been plotting a return to the non-agency MBS market for ...

A wide majority of banks and thrifts continued to increase their first-lien residential mortgage holdings in the second quarter, according to a new ranking and analysis by Inside Nonconforming Markets. Some $2.04 trillion of residential first liens were held in bank and thrift portfolios as of the end of June, up 0.9 percent from March and up 5.2 percent compared with June 2017. Among the top 50 banks and thrifts, only six reduced their holdings on an annual basis ... [Includes one data chart]