The MBS collateral includes mortgages from several originators, led by wholesaler United Shore Financial Services…

The nonprime residential market is getting more attention as the big product categories hit the skids.

House Financial Services Committee chairman Jeb Hensarling believes it’s a done deal that Cordray will run for office in Ohio…

This fall will mark – unless there’s divine intervention or a Kumbaya moment in Washington – the ninth anniversary of the federal takeover of Fannie and Freddie.

Redwood generally prefers to have multiple execution options. The company is considering issuing MBS backed solely by Choice mortgages.

Deutsche noted that after years of a steady broad-based housing market recovery “investors are now facing severe shortages in distressed housing pipelines.”

Specifically, HUD wants to know if there are any regulations that should be repealed, replaced or modified.

All three hope to raise cash by selling MSR assets, eliminate the need to hold large sums for servicing advances and – importantly – buy some time.

Performance of non-QM loans has been strong, buoyed by good house-price appreciation and the fact there have been no lawsuits based on the ability-to-repay rule.

A DocuSign spokesman did not return a telephone call and email regarding the hacking campaign.