Losses on subprime auto ABS spiked in 2016, prompting warnings from industry analysts about lenders loosening underwriting standards in an effort to gain market share. Subprime auto lenders and ABS issuers appear to have made some adjustments as losses stabilized last year, though some concerns about performance linger.

The inspector general of the Federal Housing Finance Agency voiced concerns about the agency’s supervision of Fannie Mae and Freddie Mac, while lawmakers questioned why new products like the Integrated Mortgage Insurance (IMAGIN) credit risk-transfer program were implemented without going through the proper channels.

During 1Q18, issuance of MBS backed by seasoned loans fell 50.8 percent…

MB Financial plans to keep originating home loans in the greater Chicago area and will keep its mortgage servicing platform intact.

Despite the drop, JPM marked up the asset value of its mortgage servicing portfolio...

Wells said the CFPB and OCC have asked the megabank for a $1 billion settlement in the matter.

Now comes the big question: How many more MB Financials are out there?

Fannie Mae, Freddie Mac and Ginnie Mae posted a two-year low in new single-family business during the first quarter of 2018, according to a new Inside Mortgage Trends analysis of loan-level mortgage-backed securities disclosures. The three agencies guaranteed a total of $268.78 billion of purchase mortgages and refinance loans during the first three months of the year. That was down 19.2 percent from the previous three-month period and ... [Includes one data chart]

Mortgage bankers reported a significant decline in profitability during the fourth quarter of 2017, taking hits on both sides of the business ledger, according to the most recent performance report from the Mortgage Bankers Association. On average, survey participants reported just $389,000 in pretax income during the fourth quarter, a 77.7 percent decline from $1.743 million in the previous three-month period. That knocked annual pretax income down to an average $5.136 million ...

Announcements involving mortgage industry participants and blockchain are coming fast and furious, with many predicting that the distributed ledger technology can improve existing processes. Some home sales have already been completed with processes involving blockchain. Ranieri Solutions recently partnered with a blockchain company. Mike Cagey, the former CEO of marketplace lender Social Finance, formed a home-equity lender that plans to use blockchain. And the ...