In case you haven’t noticed: the national debt is ready to crack the $20 trillion mark – almost twice the dollar volume of outstanding residential debt in the United States.

The banking industry still has a hefty $4.59 billion of reserves for future repurchase expenses…

In the FirstKey deal, the loans have seasoned for an average of 10 years…

Some see the move by UWM as a way to be more competitive in a declining origination market…

In the broker/wholesale channel, United Wholesale Mortgage and Caliber Home Loans posted strong growth rates…

Current R&W disclosures are seen as particularly inadequate for deals involving non-agency mortgages from multiple lenders…

The insurance conglomerate is structuring direct investments in residential and commercial mortgages and other whole loan types…

Fannie Mae common has a “market cap” of $17.68 billion while Freddie is valued at $9.79 billion…

Is the 10-year bond in for a massive correction? Maybe, maybe not...

The latest “Green Paper” from the Structured Finance Industry Group proposes that issuers of non-agency MBS improve transparency by comparing the representations and warranties on a new issuance with a set of benchmark reps and warrants. “A substantial population of investors have very clearly stated their collective belief that the current representation-and-warranty process is neither practically useful for its intended purpose, nor scalable,” according to the fourth SFIG Green Paper aimed at reviving the non-agency MBS market. Currently, non-agency MBS issuers provide...