In July, publicly traded REIT Two Harbors Investment Corp. announced it was discontinuing its mortgage conduit and securitization operations.

What? Democrats won't help in changing the Dodd-Frank Act?

SFIG noted that a complete repeal of risk-retention requirements “is likely neither appropriate nor probable.”

The new MBS is largely backed by non-QMs, along with some “rebuttable presumption” QMs…

The "Lost Sales Analysis" product – licensed from its developer, Equifax – helps originators determine if applicants closed a mortgage with a competitor.

All of the loans are current, though Fitch noted that 20.4 percent are “dirty current,” having experienced recent delinquencies or incomplete pay-strings…

"The legal challenges [to firing Cordray] must be very legitimate or they would have tossed him by now," said one industry official...

For all of 2016, Redwood came to market with just three jumbo MBS deals.

The mortgage division will employ loan advisors, providing them with incentives that reward service, not just sales...

Jefferies issued two similar rated warehouse-funding securitizations in 2016, totaling $435 million.