KBW on Ocwen: “While the company is setting up MSR [mortgage servicing rights] financing facilities, management noted returns on available MSR trended down, though the company did lower its targeted ROE [return on equity] on agency MSR to 8.5% from 9.5%."

Luxury Mortgage was founded in 1996 and is currently headed by CEO David Adamo. Years ago, there was a company with a similar name headed by Michael Covino…

REIT CEO Ivan Kaufman said Arbor developed the program in response to concerns that the Federal Housing Finance Agency was going to reduce the cap on how much multifamily volume the GSEs are allowed to acquire…

Wells Fargo, Bank of America and JPMorgan Chase ranked first, second and third, respectively, among jumbo producers in the third quarter…

Before the financial crisis, the “overwhelming majority” of non-agency MBS fell into the publicly registered category. But after the SEC issued wide-ranging changes to disclosure requirements in 2014, there has been no public issue of non-agency MBS whatsoever…

The MBS marks the first deal from Deephaven since the firm was acquired by Pretium Partners.

All of the loans in the MBS were originated by LendSure Mortgage. Ellington owns a 45% stake in the lender and provides a warehouse line of credit to the firm.

The marketplace lender and bank are offering HELOCs to borrowers in a handful of states.

Mayer Brown attorneys said a synthetic structure can receive favorable capital treatment while traditional non-agency MBS cannot.