According to bidders in the market, the early action focuses on loans that are “stuck” on warehouse lines.

The total unpaid principal balance for mortgages backing the deal has yet to be disclosed.

Flagstar Bank was the top originator of loans that fed prime non-agency MBS in the third quarter…

In the Chase MBS, 44.3 percent of the loans were originated by correspondents…

It’s Deephaven’s third nonprime MBS deal of the year…

In 2016, the overall denial rate for applications for jumbo mortgages was 18.6 percent.

During 3Q, New Residential agreed to buy $3 billion of “flow” servicing rights from an unnamed seller.

A flurry of prime non-agency mortgage-backed securities priced in October with issuance from JPMorgan Chase, Flagstar Bank and American International Group totalling $2.13 billion. Chase brought a $911.1 million deal backed by a higher than usual share of mortgages eligible for sale to the government-sponsored enterprises. Some 46.7 percent of the dollar volume of loans backing JPMorgan Mortgage Trust 2017-4 was loans eligible for sale to Fannie Mae or Freddie Mac ...

But what about Watt? His term as director of the Federal Housing Finance Agency ends in early 2019...

Two regional banks posted varied results in terms of jumbo originations in the third quarter of 2017. Flagstar Bank boosted its production while First Republic Bank’s originations fell on a quarterly basis and were up compared with the third quarter of 2016. Flagstar had $2.90 billion in jumbo originations in the third quarter, a 31.8 percent increase from the previous quarter and up 61.1 percent from the third quarter of 2016. Officials at Flagstar noted that the bank’s jumbo originations were ...