The facility allows for originations of jumbo mortgages along with conforming loans.

The Golden State remained the largest source of insured agency business, accounting for 13.2% of the total market.

Even though there was no official announcement, that policy expired on December 31.

Depository institutions saw their combined agency servicing shrink 2.5% from the third to the fourth quarter, squeezing their share of the market to 42.2%.

Corina Gonzalez, a senior vice president at DBRS, believes it will take time for the new standards to prompt changes in the origination equation.

JPMorgan Chase topped the ranking with $413 million in repurchases for the third quarter...

On Friday, Black Knight released its weekly forbearance report, declaring that 5.2% of all mortgages were in some form of relief, a 92,000 unit decline for the seven-day period ending Jan. 5. The data analytics vendor said despite what looked like positive news, it cited a “troubling slowdown in the rate of improvement.”

The underlying loans have seasoned for an average of 28 months.

Although a press statement on the transaction notes the number of shares and price range has yet to be determined, the S-1 filed with the SEC says the maximum offering size is $100 million.