New Castle and Springleaf are teaming up to buy a huge portfolio of consumer and real estate loans from HSBC.

Loans funded in California continue to dominate Fannie Mae and Freddie Mac purchases and MBS, according to a new analysis from Inside The GSEs.

A former loan trader at Goldman Sachs has launched a new subprime mortgage company offering LTVs as high as 75 percent.

AIG is now buying whole loans on a correspondent basis and will portfolio the product, at least for the time being.

Will a private conventional MBS market ever happen? If GSE g-fees keep rising, yes.

It appears that 80-10-10 loan structures are making a comeback in the market, helping homeowners avoid paying private mortgage insurance.

FHFA director Ed DeMarco is promising that changes are coming to how the GSEs use mortgage insurance and force-placed insurance.

The mortgage industry is bracing for a 70 basis point guaranty fee from Fannie Mae and Freddie Mac.

The American Securitization Forum, a high profile trade group that focuses on MBS issues, is in turmoil with several of its board members quitting.

Speculation is mounting that International Business Machines may have the contract to build the new single-platform MBS unit for FHFA.