Meanwhile, Redwood is working toward issuing a jumbo MBS from its “expanded prime” program…

This spring, Fannie provided Invitation Homes with a $1 billion financing vehicle, which gave the real estate investment trust a cheaper cost of funds than tapping the MBS market.

The Fed governor noted: “The risk that we’ll settle into this current situation for the long run is very great.”

Walter Investment, the parent of Ditech, is considered a turnaround situation...

The GSEs securitized $111.31 billion of purchase loans in the second quarter, a 21.5 percent jump from the first quarter.

According to Morningstar Credit Ratings, the weighted-average loan-to-value ratio for securitized non-QMs is 75.2 percent and the average debt-to-income ratio is 36.6 percent

Kittle’s resume includes a stint on MBA’s board of directors. He also served as chairman of the trade group’s political action committee...

In the same new regulatory filing, PHH also noted that Kathryn Ruggieri stepped down as the lender’s chief human resources officer effective June 30…

The rating service said investors should have access to the reviewer’s findings or access to other information that would help determine if a breach should be pursued.

In California, the average Fannie/Freddie loan was $311,992 in 1Q17 compared to $307,302 in the first quarter of 2016.