The New York-based real estate investment trust has been on an MSR acquisition tear the past three years...

During the financial crisis, average interest rates on conforming mortgages were much lower than rates on jumbos…

Fannie Mae continues to mine for non-existent companies that might show up on the consumer loan applications submitted to its seller-servicers...

TIAA is preparing to issue its third prime non-agency mortgage-backed security of the year...

Prime jumbo MBS issuance continues to be dominated by 30-year FRMs, with few interest-only products represented…

The structure results in principal payments to subordinate classes earlier in the transaction…

Otting is Comptroller of the Currency. The speculation is that he will pull a Mick Mulvaney and wear two hats for a while…

In total, 54.0 percent of the loans were underwritten using bank statements…

Most of the third-quarter slippage occurred in the business-finance category, where ABS production tumbled 51.2 percent...

Wells Fargo was set to price its first post-crisis jumbo mortgage-backed security this week, marking a significant occasion for the sector. Wells is the largest originator of jumbo mortgages and the bank has been holding production in portfolio instead of issuing non-agency MBS. Company officials note that the $441.3 million Wells Fargo Mortgage Backed Securities 2018-1 Trust is in part a test of the MBS market by the bank. The deal is scheduled to close on Oct. 25. MBS issuers generally can't ...