Two Harbors has plenty of capacity to hold non-agency loans in portfolio without reliance on outside financing.

Some 60.7 percent of the mortgages in the deal have interest-only features.

A recent research note from Sterne Agee predicts higher operating costs for Ocwen because of its ongoing regulatory disputes with the New York Department of Financial Services.

One veteran mortgage trade group official, a staunch Republican no less, told us that Lawsky is an “honest and bright guy,” adding that he understands the issues.

Meanwhile, 84 lenders contributed to Redwood’s pending issuance, led by First Republic Bank with a 32.6 percent share.

In three-plus years of originating subprime mortgages, Citadel has suffered two foreclosures and a handful of delinquencies, but no losses.

Ocwen Financial has a huge mismatch between the size of its $400 billion servicing portfolio and its new originations. Then again, its MSRs are running off...

Ocwen chief Bill Erbey noted that the settlement amount might be materially higher and include requirements beyond a monetary penalty.

Young doctors just out of medical school can be good non-QM credit risks. Of course, there's all that student loan debt to consider...

Pacific Union Financial took in $100 million of profits. It’s not every day that a privately held nonbank tells the world what it’s earning…