The ultimate goal of the LRS is to reduce lenders’ liability risk and minimize overlays…

A former Utah appraiser said she lost her job to AVMs and now drives a bus for $40,000 a year...

Just two firms – Redwood Trust and JPMorgan Chase – continued to dominate jumbo issuance in the first quarter…

Deephaven operates solely as a secondary market buyer of whole loans...

Pete Mills of MBA said the revised policy was intended to “take some of the economics out” of serial refinancing…

Invitation Homes also has unsecured warehouse loan agreements with its sponsor…

Angel Oak competitor Citadel Servicing Corp., Irvine, CA, is planning to come to market with its first deal, a rated security that could top $160 million…

We've an opinion or two from mortgage lobbyists that Rep. Hensarling might be open to some type of government guaranty on MBS, but how he might agree to such an animal has yet to be revealed…

Originations of interest-only mortgages increased in 2016 compared with the previous year, based on volume from 12 lenders tracked by Inside Nonconforming Markets. The group originated $40.52 billion in IOs during the year, a 36.5 percent increase from the previous year. All but one of the lenders increased their IO production compared with 2015, with many posting gains higher than 50.0 percent. IOs can’t receive qualified-mortgage status ... [Includes one data chart]

No reason was given by Walter Investment for the resignation.