A successful partnership between an investor and an originator comes down to reliability and consistency, speakers at the Non-QM Forum last week said.

Due diligence firms can use the review scope to assess seasoned residential mortgages, assigning positive grades for loans with 36 months of strong performance.

PennyMac Mortgage Investment Trust has been issuing about one prime non-agency MBS per month, stocking the deals with GSE-eligible mortgages for investment properties and second homes. Now the REIT is set to issue jumbo MBS.

Mortgage servicing rights increasingly are serving as collateral for all sorts of financing for nonbank mortgage companies.

The securitization will pay off existing construction loans on 21 properties in 10 states while also creating a revolving facility to fund the remaining construction costs and acquire new properties.

In the wake of Trump’s social media posts pledging to retain the implicit guarantee for GSE MBS, industry analysts see signs for support for the administration’s plans for GSE reform.

The auto loan ABS comes even as U.S. Bank scales back its auto lending and servicing.

JPM chief Jamie Dimon warned the bond market could crack up one of these days because the White House seems to be ignoring America’s debt problem.

Two Harbors booked a nearly $200 million contingency liability after a court ruled that the REIT improperly ended a contract with its one-time external manager.

The move followed the enactment of House Bill 1516, which exempts passive and government trusts from the licensing requirements.