New Penn Financial recently introduced a new non-agency program that allows for non-qualified mortgages and alternative documentation, among other features. The SmartEdge product includes loan amounts up to $3.0 million, credit scores as low as 620, debt-to-income ratios up to 50.0 percent and loan-to-value ratios as high as 90.0 percent. New Penn is in the process of being sold to New Residential Mortgage, a real estate investment trust. SmartSelf allows ... [Includes two briefs]

In total, 63 lenders contributed to the new MBS from Deephaven…

Ocwen is trying to put its regulatory problems in the rearview, while focusing on being a subservicer…

However, the bureau eventually pressed ahead, arguing to uphold the judgment against the biweekly lender…

Redwood said profit margins exceeded its "long-term expectations" of 75 to 100 basis points...

HUD tells the mortgage industry: “Due to the federal government shutdown, the information on this website may not be up to date…”

The White House may be committed to GSE reform, but Republicans are not...

Total non-mortgage ABS production climbed to $211.72 billion in 2017, the market’s strongest year for new issuance since 2007…

Authoritative numbers on the size of the non-QM space are difficult to come by.

Most of the mortgages in the MBS were underwritten with full documentation…