One former loanDepot official had this to say about the rumor: “It makes sense. loanDepot has plenty of loan officers handling inbound leads. Amazon could create a ton more and compete with Quicken….”

Law professor J.W. Verret on Kathy Kraninger: “She doesn’t have experience with financial markets…”

KBRA assigned preliminary AAA ratings to the MBS with credit enhancement of 6.00 percent on the senior tranche.

If the deal comes off, loanDepot employees will receive free Amazon Prime accounts…

When it comes to counter-party risk, Ginnie Mae isn't messing around...

The Trump blueprint would remove the federal charter from statute and fully privatize the government-sponsored enterprises.

The non-QM MBS also includes loans originated by unaffiliated lenders, including Sterling Bank & Trust…

“I think we’re going to see a bunch more failures,” said Dan Perl, CEO and founder of non-QM lender Citadel Servicing…

All of the loans in the new JPM deal were originated by First Republic Bank, with seasoning of seven years...

Citadel, one of the earliest entrants to the new expanded-credit market, funded $295.0 million of loans in the first quarter, a 19.4 percent sequential increase…