Just how large is the non-QM market? That’s hard to say...

DBRS isn't mincing any words: “Compared with other post-crisis representations and warranties frameworks, this transaction employs a relatively weak standard..."

Hell hath no fury like an agency whose new issuers are not actually issuing (MBS)...

FHFA's Bob Ryan said the GSE regulator has concerns that decreasing loan limits or increasing g-fees would limit access to credit.

As the mortgage M&A market chugs along in the coming year, Guild hopes to be a buyer.

The concept of MSR-backed securities recently came to the fore again with the news that Stonegate Mortgage, Indianapolis, is contemplating a transaction.

Broker originations also had a significantly larger average loan amount, $230,082, than the other channels.

In the last quarter, for instance, Fannie and Freddie posted combined net earnings of $5.1 billion – most of which was swept into a Treasury account.

On a year-to-date basis, mortgage sales were down 63.6 percent from the first half of 2013.

In short, investors – if they bought mortgage stocks at their peaks – are looking at substantial losses...