Investors and issuers alike are suffering from a case of interest rate whiplash. 

It would appear that Calabria, who took charge a little over a year ago, hasn’t made much progress in the matter.

As interest rates decline significantly, there's a risk that investor demand will fade...

The big challenge: How, exactly, the non-agency MBS sector might establish self-governance…

Sterling said that in connection with the review, a significant number of employees have either been terminated or resigned, including a senior vice president...

While traditional non-agency jumbo lending lagged the overall market, the conforming-jumbo business was cracking. Fannie Mae, Freddie Mac and Ginnie Mae securitized $51.15 billion of single-family loans above last year’s $484,350 limit for one-unit properties.

Nearly 12% of loans were underwritten using only one month of bank statements as the main source of income verification.

DoubleLine Capital is now a “strategic investment partner and minority shareholder” in OptionWide Financial, a lender that focuses on non-QMs.

Although the REIT will avoid non-QM assets this year, it believes the market for the product will continue to grow...

Officials at Redwood noted that gross margins on the issuance of mortgage-backed securities and whole loan sales improved as well.