At the end of July, Citadel serviced $1.75 billion of non-QMs…

At June 30, Redwood held $5.5 billion of residential loans on its books, up 40.6 percent from a year ago.

The revised definition excludes from points and fees any compensation included in the interest rate and for which the consumer was separately charged.

Starwood is now directly sourcing loans from Impac and hasn’t tapped any other originators.

Loans from United Shore account for 19.0 percent of the new issuance.

In settling, Wells – the nation’s largest home lender and servicer – did not admit any liability.

SG’s Justin Mahoney estimated that lenders participating in the panel were backed by $10 billion of capital aimed at expanded-credit products…

Impac was a major contributor to the non-QM MBS with a 59.6 percent share…

Mortgages from 125 lenders will be included in the MBS, led by Quicken Loans with a 12.8 percent share…

Most of the major product categories had some slippage in the second quarter.