Two Harbors has been a major player on the post-crisis jumbo MBS market and was even the top-ranked jumbo MBS issuer in the first half of 2016…

JGWHL’s parent company was recently delisted by the New York Stock Exchange…

Caliber executive William Pendleton noted the nonprime MBS recently issued by Lone Star Funds (which owns Caliber) will help the lender significantly reduce interest rates on new originations.

Nonprime lender Angel Oak Mortgage Solutions is now offering a “no-income” loan to investors with credit scores as low as 660...

However, EverBank has been cutting back its presence in residential finance, a trend that was cemented when Tom Wind left the company in December...

Analysts at Morningstar Credit Ratings suggest that most non-agency MBS backed by new mortgages will be subject to full reviews due to uncertainty regarding the TILA-RESPA Integrated Disclosure rule.

Some 109 lenders contributed to the $344.89 million jumbo MBS issued by Redwood Trust during the quarter, according to Moody’s Investors Service.

The changes follow looser underwriting standards implemented by Redwood outside of the MPF Direct product.

Moody’s noted that all of the conforming mortgages that will be included in the MBS pre-date the TILA/RESPA Integrated Disclosure rule.

The non-agency MBS market shriveled up and nearly blew away in the second quarter of 2016 as new issuance totaled only $6.96 billion, according to an Inside MBS & ABS analysis. New production tumbled 17.0 percent from the first quarter of the year, which failed to top the $10 billion mark in issuance. The second-quarter total was the lowest output since the end of 2013, when just $6.11 billion of new non-agency MBS was produced. While there was a stiff decline in re-securitization activity from the first quarter, scratch-and-dent securitizations of nonperforming, re-performing and other dinged-up assets increased...[Includes two data tables]