Some are calling for the GSEs’ automated underwriting systems to be used after the QM patch expires to determine whether a mortgage is a QM.

Brian Herr of Medalist Partners: “Some of the more bespoke, esoteric markets won’t be so bespoke or esoteric going forward.”

Three large nonbanks led the pack in GSE buybacks during the second quarter: Quicken Loans, Caliber Home Loans and loanDepot…

Read the tea leaves: Just 56.4% of second-quarter loan originations have been pooled in MBS. In recent years, the overall securitization rate has run at about 70%.

Flagstar estimates it will recover about $1 million of the cost in the third quarter while it continues to pursue other legal remedies tied to Live Well...

A thirst for yield has spurred some large big-name banks to invest in hard-money loans, albeit quietly…

A reason for GSE shareholders to rejoice: The FHFA will eliminate the net worth profit sweep shortly… 

According to figures compiled by Inside Nonconforming Markets, in the first half of the year Deephaven ranked eighth among all expanded-credit mortgage lenders with total production of $650 million.

Issuance of deals backed by commercial real estate more than doubled from the first quarter…

The lifting of the sanctions comes amid a recent report by Bloomberg that New Day Chairman Emeritus Joe Murin might be a candidate to be the next permanent president of the government guarantor.