The Treasury Department noted that QRM standards do not include requirements for loan-to-value ratios.

Some 61 percent of mortgage executives believe lenders are overly restrictive with underwriting standards.

As one West Coast-based mortgage executive told IMFnews: “It can be a very tough space. You need lots of capital."

The sharp increase in industry holdings was fueled by a massive acquisition of credit card ABS by TD Bank...

Eventually, PMFS hopes to securitize its originations through PMMIT. Initially, its maximum loan amount will be $10 million,

We’ve heard scattered reports about a new nonbank warehouse provider that is offering extremely cheap financing while asking for large fee payments upfront...

At 7.59 percent, the hedge fund is now the third largest institutional investor in PHH.

The IMA package – top heavy with California and Florida loans – includes $110.8 million of Ginnie Mae receivables.

Prospect Mortgage is the top contributor to the deal with an 11.2 percent share of the collateral.

At the same time, the market share of GSE business has been redistributed toward the smaller lenders.