Over the past five quarters, Flagstar has unloaded $25.2 billion of residential servicing rights.

On a year-to-date basis, new ABS production was down 4.5 percent from the first nine months of 2014.

Issuance of non-mortgage ABS fell 31.7 percent from the second quarter of 2015 to the third quarter, with significant declines in most major sectors, according to a new Inside MBS & ABS ranking and analysis. A total of $37.00 billion of ABS were issued in the third quarter, well off the pace set in the first half of the year. On a year-to-date basis, new ABS production was down 4.5 percent from the first nine months of 2014. That puts in jeopardy the string of four consecutive annual increases in ABS issuance since 2010 as the market enters the final lap of the year. Vehicle finance deals remained...[Includes two data tables]

New research from FICO suggests that broader economic conditions have helped limit losses on home-equity lines of credit originated before the financial crisis. For years, analysts have warned about the risks posed by HELOCs after the loans hit 10-year reset periods, prompting payment shock for some borrowers as principal and interest is due as opposed to the interest-only payments that were initially allowed. The risk to banks is seen as particularly harsh because ...

Finally, the jumbo MBS drought is over, or will be by the end of next week.

While lenders scramble to adapt to the Consumer Financial Protection Bureau’s integrated disclosure rule, the agency has released its long-awaited final rule under the Home Mortgage Disclosure Act, ratcheting up the industry’s data-reporting requirements – and the potential for more fair lending enforcement activity. Among the most significant changes within the 800-page regulation, the final rule modifies which institutions are subject to Regulation C and adopts a uniform loan volume threshold for depository and non-depository institutions. It excludes from institutional coverage firms that did not originate at least 25 closed-end mortgage loans in each of the two preceding calendar years or at least 100 open-end lines of credit in such a time period. The new rule also changes...

Conventional conforming loans accounted for 60.3 percent of the 2014 mortgage market, according to an Inside Mortgage Finance analysis of 2014 Home Mortgage Disclosure Act data. Wells Fargo was the top HMDA lender last year with a 7.9 percent share of the market. HMDA originations include only retail and table-funded broker production and do not include correspondent acquisitions. Wells was the top conventional-conforming lender and the biggest jumbo producer. Quicken Loans was...[Includes one data table]

Michael Fratantoni, chief economist at the Mortgage Bankers Association, said the GSEs’ back-end risk-sharing deals do not represent the type of reform most industry participants would like to see.

Investors that buy homes accounted for 15.2 percent of purchasers in September, based on a three-month moving average.

At mid-year 2015, Redwood’s subsidiary had $882 million of outstanding FHLB advances with a weighted average interest rate of 0.23 percent and a weighted average maturity of six years.