Angel Oak has securitized $850 million of non-QM loans since 2015.

When Fannie and Freddie request a fresh draw of taxpayer funds from Treasury to deal with their DTA "problem," it will poison the well for conservative Republicans...

Better Mortgage, a “digital” lender, is seeing increased demand for purchase mortgages by helping borrowers compete with cash buyers. The lender focuses on appraisal timelines and provide guarantees for earnest-money deposits if a potential borrower’s sale falls through due to financing issues.

Lenders raised concerns in December after updates to the Internal Revenue Service tax verifica-tion service extended processing times for mortgage originations. Industry groups said the IRS didn’t provide enough advance notice about the changes.

Although a final tally has yet to be issued, volume for the year could total nearly $9.3 billion…

Like scores of other Trump appointees, a final vote on Montgomery’s nomination as assistant secretary for Housing was not acted upon by yearend…

Aggressive FCA enforcement and steep settlement amounts have caused some banks to exit from the FHA market.

At Sept. 30, 2017, PHH had a total servicing portfolio (including subservicing contracts) of $162.7 billion...

Looks like Angel Oak, Caliber and Citadel Servicing Corp. are about to get some competition in the non-QM sector…

FCM is headed by Chris Hart, who is also a member of Fannie Mae’s western region advisory board.