A $6.20 billion portfolio backed largely by jumbo mortgages originated in recent years was sold last week, according to Interactive Data. The portfolio appears to have been sold by Premium Point Investments, though the hedge fund wouldn’t confirm that. Premium Point backed WinWater Home Mortgage, which stopped issuing jumbo mortgage-backed securities earlier this year. Impac Mortgage Holdings announced this week an offering of 2.5 million shares ... [Includes two briefs]

Ocwen had a 24.2 percent error rate on a metric involving the timeliness of force-placed insurance notices, well above the 5.0 percent error rate allowed under the settlement…

More legal headaches for Ocwen? Looks that way...

Almost 53 percent of the loans in the bond are non-qualified mortgages and many of the rest are higher-priced QMs…

FBR & Co. raised its estimate on residential loan production for 2016: $1.90 trillion for 2016...

Kingstown is known as a value-oriented hedge fund, with roughly $1.5 billion of assets under management.

Although the new requirements could prompt an increase in costs, analysts said a new requirement aimed at increasing the number of times troubled borrowers are evaluated for loss mitigation will be particularly helpful in certain states…

Some of Luther Burbank’s borrowers are more than 40 years old and receive financial support from their parents.

Retail nonprime/non-QM originator Angel Oak Home Loans is continuing its national expansion...

The originators believe they made a good-faith effort to address all TRID violations through the issuance of revised disclosures…