A spokeswoman for Wells noted that loan volumes for closed-end seconds “was a small percentage of our business.”

Meanwhile, Ocwen has been shifting as many of its servicing workers overseas as possible...

A number of lenders, including Wells Fargo, offer jumbos that allow for downpayments of about 10 percent.

Walter, the parent of Green Tree Servicing, also marked up the fair value of its servicing portfolio by $59.3 million.

In general, most nonbanks exited the second lien arena in the wake of the financial crisis.

In trading Monday, investors were not treating AAMC’s stock kindly.

Will the industry see a flood of nonbanks into the second lien market?

The new jumbo deal from Shellpoint includes originations from New Penn along with contributions from 30 other lenders.

Originations of jumbo mortgages continued to increase in the second quarter of 2015 and lenders are chasing volume by lowering interest rates and loosening underwriting standards. Some $93.0 billion in jumbos were originated in the second quarter, according to estimates by Inside Nonconforming Markets. Halfway through 2015, originations totaled an estimated $163.0 billion, up 58.3 percent compared with the mid-point of 2014. Banks continue to ... [Includes one data chart]

Two Harbors Investment is ramping up its conduit activity with plans to increase issuance of jumbo mortgage-backed securities and a new non-qualified-mortgage offering. The real estate investment trust is on track to issue its fifth jumbo MBS of the year this month. Bill Roth, Two Harbors’ CIO, said the REIT could issue as many as 10 jumbo MBS this year. He said that as of the end of June, the REIT’s pipeline for jumbo acquisitions was approximately $1.3 billion ...