Issuance of jumbo MBS has fallen off since mortgage disclosure requirements set by the Consumer Financial Protection Bureau took effect in October. While the slowdown in jumbo MBS issuance has been blamed on TRID, there still appears to be plenty of demand from secondary market investors for jumbo whole loans. Redwood Trust’s jumbo origination and sales volume has been humming along without much impact from the CFPB’s combined Truth in Lending Act and ...

Over the past five years, the issuance market for securitization has fluctuated between feast and famine, noted one executive…

Analysts at PiperJaffray said the agreement “removes the near-term risk of Altisource being liquidated.”

In general, private mortgages are extended by the owner of the property to a borrower through a private contract. Terms can vary greatly from deal to deal.

EverBank sold jumbos with an unpaid principal balance of $981.3 million, up 60.4 percent from the previous quarter.

As for TRID, Citadel obtained legal opinions on how to properly fix errors on loan applications and over time grew comfortable with the process.

The market did not react kindly to Five Oaks' earnings news. At one point in trading, its share price was down 13 percent on the day.

Even with the assessment of Clayton, the functions that a deal agent complete remain nebulous.

Last year, the two Angel Oak companies originated roughly $350 million in non-QM loans. This year they are hoping for production that could top $850 million.

Freddie Mac reduced its portfolio to $339.9 billion at the end of the quarter, a 2.0 percent drop. Like Fannie, the biggest decline in percentage terms was in non-agency MBS…