In January, Birch Run reported a 17.8 percent ownership stake in Walter, but has since increased it to 19.8 percent.

A number of different firms handle servicing on the loans, led by Ocwen Financial with a 54.1 percent share.

Impac’s initial foray into non-QM production was sourced mostly through the wholesale channel.

Some believe the FHA MMIF minimum capital standard should be 4.5 percent, not 2.0 percent.

Jumbo mortgages have provided commercial banks and thrifts with good profits margins. Of course, it helps that deposit rates are almost non-existent.

The loans to be included in the deal are similar to the types of mortgages that have been included in jumbo MBS issued in recent years.

Industry analysts suggest that while liquidity for new jumbo MBS remains limited, the securities can be a good investment.

The Structured Finance Industry Group put out the third edition of its RMBS 3.0 “Green Papers” initiative early this week, featuring dozens of model representations and warranties for new non-agency residential MBS, including a range of proposed standardized constructs. “This release substantially builds upon our growing series of Green Papers, which are aimed at restoring confidence to the ‘private label’ RMBS market,” the trade group said. The first and second editions were released in 2014. The 39 model reps and warrants included in the third edition complete...

Three separate issuers of jumbo MBS shopped deals in the past week, giving a jolt to a market that has been somewhat subdued since the end of the first quarter. Industry analysts suggest that while liquidity for new jumbo MBS remains limited, the deals can be a good investment. Redwood Trust is set to issue a somewhat unusual $337.08 million jumbo MBS, Credit Suisse is preparing a deal and Five Oaks Investment issued a $251.27 million security this week, according to rating reports and filings with the Securities and Exchange Commission. At the end of October, Two Harbors Investment issued...

A handful of hedge funds were salivating at the prospect of shorting loanDepot's stock...