Used in conjunction with the industry’s RMBS 3.0 project, such a mechanism could help clear away the rubble from the market’s collapse...

Sources said previous requirements for a standard 97 LTV product, which Fannie offered until November 2013, are being considered.

To date, Provident Funding has declined to clarify the situation.

HFA portfolio performance continues to strengthen, which will bolster future interest income.

Total non-agency MBS held by banks and thrifts in the second quarter of 2014 fell 9.5 percent compared to 2Q13, largely driven by runoff.

Apollo's Commaroto said the REIT is bidding on loans, but is still considering whether to acquire non-QMs that way or partner with a lender to receive a more steady flow of product.

However, these same sources contend that Ocwen was successful in selling a smaller package of Ginnie MSRs.

The MBS gain was lopsided: Ginnie MBS issuance jumped 10.8 percent from September to October, while Fannie Mae and Freddie Mac suffered declines.

New issuance of agency single-family MBS climbed for the eighth consecutive month in October, according to a new Inside MBS & ABS analysis and ranking. Fannie Mae, Freddie Mac and Ginnie Mae issued a total of $93.01 billion of new single-family MBS during October, up 2.1 percent from September. October production was the highest monthly volume for the market since October 2013, and reflected steady growth since new issuance bottomed out in March of this year. But the gain was...[Includes two data charts]

Meanwhile, Redwood posted $45.0 million of net income in the third quarter of 2014, almost triple of what it earned in 2Q.