Expanded-credit mortgages accounted for less than 3 percent of total first-lien originations in the first half of this year.

But there’s a catch: the portfolio has a delinquency rate of 11.5 percent and foreclosures of 1.5 percent.

Strong growth in originations of non-qualified mortgages in recent years has helped the sector gain market share. Lenders in the non-QM market suggest that originations are set to continue to increase, with a 10 percent share of total originations seen as a reasonable goal.

If current trends hold in the official barometer used for adjusting conforming loan limits, look for the baseline limit to go up about 8 percent next year.

Three megabanks account for an outsized share of first liens held by banks: Wells Fargo, JPMorgan Chase and Bank of America.

Blackrock and PIMCO were among the firms cited as avoiding new non-agency MBS deals…

Ocwen said its ability to utilize the NOLs to offset future taxable income may be significantly limited if the company experiences an ownership change.

Matt Nichols, CEO of Deephaven Mortgage, said the share of LOs that actually offer non-QMs is in the single digits.

The unit will continue to be headed by industry veterans Tad Dahlke and Hal Hermelee...

Will FHA hike its premiums? Maybe, maybe not...