Analysts at Bank of America Merrill Lynch said the action by Wells was “the most talked about topic” among market participants recently.

The Invictus Opportunity Fund recently raised $35.56 million in capital.

The deals are the subject of a lawsuit filed by MBS investors alleging that Wells Fargo failed to perform its duties as trustee...

Some 15.2 percent of the mortgages in Chase’s second-quarter MBS were eligible for sale to the government-sponsored enterprises.

Jumbos accounted for 5.6 percent of Flagstar’s residential originations during the period…

Since 2015 Angel Oak has issued four MBS totaling $639.92 million…

“Rated nonprime non-qualified-mortgage transactions should broaden the investor base,” Deutsche Bank said.

Mortgage compliance experts are cautioning FHA servicers to tread carefully around loss mitigation, annual certifications and reverse mortgages, which could be a potential minefield for False Claims Act lawsuits. While FHA lenders’ exposure to FCA risk remains, the Department of Justice and the Department of Housing and Urban Development have increased their scrutiny of FHA servicing practices for potential violations, according to Phil Schulman and Krista Cooley, both partners in Mayer Brown’s Washington office. In a recent podcast, Schulman warned of increasing DOJ and HUD scrutiny of FHA servicing practices in the last 18 months, a worrisome shift from the origination side, which has seen an estimated $5 billion in settlements and penalties since 2011 for violations of the FCA and the Financial Institutions Reform, Recovery and Enforcement Act. Since 2008, mortgagees participating in ...

It was the slowest agency refi market since the third quarter of 2014…

Quiet no longer in non-agency MBS: Credit Suisse...