Seven marketplace lending securitizations with a total issuance of $3.0 billion came to market during the first quarter of 2017 – a quarterly record, according to a new report by PeerIQ, a New York-based data provider and risk-analysis firm for the peer-to-peer lending industry. Total securitization issuance to date now stands at $18.0 billion, with 80 deals issued so far (48 consumer, 22 student, one mortgage and nine small and medium-sized enterprises) since September 2013, the PeerIQ analysts said. Also, the trend towards rated deals and larger transactions continued...

“Maybe we end up in the exact same spot as the last generation, maybe we end up with Corker-Warner,” said Calabria.

The seller of the Alt A servicing portfolio was not identified by name, but IMA described the firm as a “well-capitalized and long standing bank…”

Nonbank mortgage servicers – especially those that aren’t juggernauts in the mortgage lending business – were the fastest-growing segment of the GSE servicing market during the first quarter of 2017. A new Inside The GSEs analysis shows that nonbank servicers accounted for 33.3 percent of the $4.552 trillion supply of Fannie Mae and Freddie Mac servicing outstanding at the end of March. The analysis is based on single-family loans in GSE mortgage-backed securities and does not include whole loans held by Fannie and Freddie in portfolio. Nonbanks increased...[Includes two data tables]

DLJ Mortgage Capital, an arm of Credit Suisse, was the winning bidder of all four pools of Fannie Mae’s second reperforming loan sale transaction. The GSE announced the result last week and noted that the deal included 7,508 loans totaling $1.62 billion in unpaid principal balance. The deal, announced on March 14, was...

And now the obvious questions becomes: where does Ocwen go from here? The company can’t possibly be sold because of all the outstanding lawsuits and “legacy” problems...

The secondary market in agency mortgage servicing rights cooled off in the first quarter of 2017 after a hectic end to 2016, according to an exclusive analysis and ranking by Inside Mortgage Trends. A total of $109.78 billion of agency MSR changed hands during the first three months of the year, down 32.9 percent from the fourth quarter of 2016. Part of that was due to a 26.2 percent decline in new business volume at Fannie Mae, Freddie Mac and Ginnie ... [Includes three data charts]

Ocwen added: “The substantive allegations in today’s suit are inaccurate and unfounded.”

Nonbanks serviced $2.418 trillion of agency loans at the end of the first quarter, up 21.6 percent from a year ago…

The trade group first launched its GSE task force in late 2012 with 17 initial executive members, including Bob Ryan, a Wells Fargo executive who is now the acting deputy director of the division of conservatorship at the Federal Housing Finance Agency.