Originations of expanded-credit mortgages declined at a slower pace than total first-lien originations last year. Citi was the top ECM lender in 2023 even though its production was off 8.3% from a year ago. (Includes data table.) Read More

Insurance companies and European investors have shown a growing interest in MBS backed by expanded-credit mortgages. However, there is not enough supply to meet demand. Read More

Ed DeMarco, the former acting director of the FHFA, was among a handful of panelists at the SFVegas conference this week who called for more standardization in the non-agency MBS market. Read More

Select Portfolio Servicing remained the largest nonprime mortgage servicer at the end of 2023. Delinquencies in the sector are climbing. (Includes data table.) Read More

Home equity investments have seen considerable homeowner interest due to high interest rates, but industry participants said more investor support is needed to meet homeowner demand. Read More

Redwood reported $21 million in net income in the fourth quarter, bouncing back after posting a $31 million loss in the third quarter. Read More

New benchmarks point to improved underwriting standards compared with collateral in non-agency MBS prior to the financial crisis of 2008. Read More

Premier Lending will use the new FICO 10 T scoring model for its nonconforming originations. Read More

Finance of America to issue MBS backed by jumbo reverse mortgages; Aslan teams with Calque; 5th Street Capital licensed in Wyoming. Read More