California remains the biggest purchase-mortgage market for private mortgage insurers, and it looks to be shifting away from FHA, according to a new Inside Mortgage Trends analysis of agency mortgage-backed securities data. In the second quarter of 2017, private MIs wrote coverage for $5.20 billion of California purchase mortgages – or 36.0 percent of insured loans in the state. A year ago, the private MI share was 33.1 percent. Over that period ... [Includes one data chart]

The top three Ginnie Mae issuers in 2Q17 were PennyMac, Wells Fargo and Freedom Mortgage…

The $5.5 billion (to be) paid by RBS should boost GSE earnings big time...

Some 15.2 percent of the mortgages in Chase’s second-quarter MBS were eligible for sale to the government-sponsored enterprises.

Jumbos accounted for 5.6 percent of Flagstar’s residential originations during the period…

The big question: Will the Chairman of the House Financial Services Committee support an explicit government guarantee on conventional MBS?

Since 2015 Angel Oak has issued four MBS totaling $639.92 million…

There's a race on to see who will be the first to deliver a best-in-class lending automation product that the consumer trusts, said consultant Paul Hindman...

As IMFnews went to press, Seckel was said to be in a meeting and could not be reached for comment.

“Rated nonprime non-qualified-mortgage transactions should broaden the investor base,” Deutsche Bank said.