Some 53.7 percent of newly originated mortgages delivered into agency mortgage-backed securities programs last year were generated through lenders’ retail production operations, according to a new Inside Mortgage Trends analysis. Correspondents accounted for the next largest share, 33.4 percent, of loans sold to Fannie Mae, Freddie Mac and Ginnie Mae. The data exclude mortgages that were over six months old when they were securitized ... [Includes two data charts]

S&P finished a close second with a 53.6 percent market share.

Esaki and White propose allowing issuers to choose any number of rating services to submit credit support levels for a particular MBS or ABS, paying a bid-preparation fee for each estimate.

When Walter Investment released fourth quarter results last week it declined to hold a live earnings call – somewhat of a rarity…

At the end of 2016, the supply of outstanding home-equity loans fell to $595.4 billion from $607.9 billion the year prior…

There have been scattered reports that some lenders and brokers are still chasing quick-turn refis aided by secondary market investors offering to buy and securitize those loans.

SFIG’s said its RMBS 3.0 task force will be holding calls during the next two weeks to discuss ongoing work in the latest areas of focus…

In early March, Stiles filed notice to sell 11,931 shares of Nationstar common at a price of $18.40 a share or $219,530.

New originations of home-equity loans were up 8.0 percent in 2016 from the previous year, but the market peaked early and ended with consecutive quarterly declines in production, according to a new Inside Mortgage Finance ranking and analysis. Lenders originated an estimated $197.6 billion of home-equity lines of credit and closed-end second mortgages last year. It was the strongest output since 2008, but it was not enough to offset the years-long erosion of second-mortgage debt. At the end of 2016, the supply of outstanding home-equity loans fell...[Includes three data tables]

The Trump administration late last week filed its amicus brief with the U.S. Court of Appeals for the District of Columbia Circuit in PHH Corp. v. Consumer Financial Protection Bureau, and, as expected, sided with the lender this time around, but didn’t go as far as some had hoped it would. In its brief, the Department of Justice argued in support of eliminating the removal-only-for-cause protection that currently applies to the director of the CFPB. However, whereas PHH has argued that the CFPB be eliminated in its entirety, the Trump administration argued in favor of retaining the CFPB, but with a director removable at the will of the president. Currently, the director may be removed...