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RBS Settles Legacy Non-Agency MBS Case with NY, Investigation by DOJ Pending

March 7, 2018
Brandon Ivey
According to a tally from Inside MBS & ABS, RBS/Greenwich Capital ranked second among all subprime MBS underwriters that brought deals to market from 2004 to 2007 with $261 billion.
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AIG Issuing Jumbo MBS from its Own Shelf

March 5, 2018
Brandon Ivey
Loans from several of lenders will be included, led by Homestreet Bank with a 12.5 percent share…
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Mortgage REITs Continue to Build MBS Portfolios, a 17 Percent Gain for the Year

March 2, 2018
John Bancroft
Redwood Trust grew its non-agency holdings by an impressive 38 percent…
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The SFIG Roundup: Market Participants Confident, Record Attendance. What Could Go Wrong?

March 2, 2018
Brandon Ivey
Issuance is increasing across various asset sectors, with many sponsors reporting improved pricing and growing interest from investors…
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What We’re Hearing: Ocwen’s CFPB Problem Isn’t Going Away / Overseas Regulatory Exposure / Jeb Hensarling’s GSE Bill / Does the AEI have the Ear of the White House? / HUD Secretary Shocked to Find Gambling in his Establishment / Brian Montgomery, the Pati

March 2, 2018
Paul Muolo
A few years back, Pinto and AEI unveiled a new mortgage product called the Wealth Building Home Loan, which was intended to provide an affordable mortgage option for low- and middle-income borrowers.
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Ocwen Reveals the Bloom May be Off the Rose at its India-based Operations

March 1, 2018
Paul Muolo
Ocwen disclosed this warning: “Non-compliance with the laws and regulations of India or the Philippines could result in restrictions on our operations in these countries, fines, penalties or sanctions or reputational damage.”
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PHH & Ocwen: Can Two Money-Losing Mortgage Companies Find Happiness Together?

February 28, 2018
Paul Muolo
Both publicly traded nonbanks have struggled with profitability the past four years – but for different reasons.
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Jumbo Servicing Volumes on the Rise, Banks Dominate

February 28, 2018
Brandon Ivey
Wells Fargo serviced $287.5 billion of jumbo mortgages as of Dec. 31, ranking first overall…
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Non-Agency MBS Issuance Backed by New Loans Expected to Double. But Big Investors Still Have Concerns

February 27, 2018
Brandon Ivey
Expanded-credit MBS issuance could top $12 billion this year…
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Warren Buffett’s Mortgage Company Agrees to Buy Silverton Mortgage

February 27, 2018
Paul Muolo
Vanderbilt of Maryville, TN, is known mostly for its role as a financier of manufactured and modular homes.
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