In the non-QM space, Lake Sunapee Bank serves a large number of self-employed borrowers, medical professionals, high net-worth retirees, and first-time homebuyers.

Skyline declined to name the company’s non-QM investor. “We have an investor who has created a shelf,” is all the CEO would say on the topic.

Ocwen is still active as a bidder on MSR packages, focusing on smaller transactions these days.

Ginnie Mae this week unveiled a position paper outlining its views and new strategies for its mortgage-backed securities program with greater emphasis on liquidity and on the preservation of servicing rights both as an activity and as an asset class. During a conference it sponsored this week, Ginnie announced a number of initiatives that would help the agency adapt its complex financial and operational structures to a post-crisis secondary mortgage market in which non-depository and smaller institutions are playing a bigger role. Ginnie underscored...

The increase in mortgage debt outstanding in the third quarter of 2013 increasingly looks like an aberration rather than a turning point.

RPM Mortgage would love to expand its presence in East Coast markets. It also recently rolled out a non-QM product.

Hell hath no fury like an agency whose new issuers are not actually issuing (MBS)...

“Banks are really bad at servicing nonperforming loans,” said Jon Wishnia, a partner at the law firm of Lowenstein Sandler.

DBRS isn't mincing any words: “Compared with other post-crisis representations and warranties frameworks, this transaction employs a relatively weak standard..."

The concept of MSR-backed securities recently came to the fore again with the news that Stonegate Mortgage, Indianapolis, is contemplating a transaction.