A New York state court dismissed two mortgage repurchase actions filed by the government against Morgan Stanley, while Bank of America agreed to another settlement related to non-agency MBS issued by Countrywide Financial. Last month, Justice Marcy Friedman of the New York Supreme Court dismissed two residential MBS lawsuits filed by the Federal Housing Finance Agency against Morgan Stanley ABS Capital I Inc. and Morgan Stanley Mortgage Capital ...

The MBS holdings of 16 top mortgage REITs were down 0.3 percent from the fourth quarter...

One observer noted: “Talk about a government takeover! This feels third-world to me…”

Two lenders are returning to the structured finance market in an uncommon way, participating in a $210 million mortgage warehouse securitization. The transaction involving agency originations received provisional AAA ratings from Moody’s Investors Service last week. Station Place Securitization Trust 2016-3 will be backed by a revolving pool of agency mortgages originated by Greentree Mortgage and loanDepot. The two lenders participated in a similar $225 million deal ...

EverBank sold jumbos with an unpaid principal balance of $981.3 million, up 60.4 percent from the previous quarter.

Over half (51.1 percent) of VA loans securitized through Ginnie MBS in the first quarter of 2016 were retail originations, but only 39.1 percent of FHA loans came through that channel.

The market did not react kindly to Five Oaks' earnings news. At one point in trading, its share price was down 13 percent on the day.

As for TRID, Citadel obtained legal opinions on how to properly fix errors on loan applications and over time grew comfortable with the process.

The rule is expected to reflect measures in the interim guidance, including modification of the requirements for condo project recertification...

Even with the assessment of Clayton, the functions that a deal agent complete remain nebulous.