A 100 percent rejection rate? That's a problem...

Alternative-documentation verification in the current market typically includes a review of bank statements, W2s, pay stubs, assets and more...

In other words, the regulation to ban captives from entering the system moved forward despite overwhelming industry opposition…

REITs have gained access to the FHLB discount window with the goal of leveraging their investments in both MBS and servicing rights.

The guidance from Fitch could ease some fears among purchasers of non-agency mortgages...

“Home-equity lending, for years the red-headed stepchild of our industry, is coming back into favor," said CoreLogic's Sam Khater.

Residential lenders issued a record $435.8 billion of Ginnie Mae securities in 2015, according to Inside MBS & ABS, a handsome 47 percent increase from the prior year.

In addition to misrepresenting prices sought by buyers and sellers of MBS, the DOJ said Siegel and co-conspirators misrepresented that bonds held in RBS’s inventory were being offered for sale by a fictitious third-party seller…

Four nonprime MBS backed by newly-originated residential loans came to market during the last four months of 2015, but none of deals were rated, a situation that could change in the new year. In a recent interview with Inside MBS & ABS, John Hsu, head of capital markets for Angel Oak Capital, said his company hopes to get a rated deal done in 2016, believing such a milestone would help move the nascent market forward. “We need...

The IBM-owned Seterus has been buying mortgage servicing rights from Ocwen Financial...