CEO Dan Perl noted that the lender will surpass $30 million of fundings in May, a record for the company.

Five Oaks' management noted that the REIT has better control of its jumbo MBS exposure since the company issued its own security in April.

A unique stop-advance feature included in the jumbo MBS issued by Redwood Trust late last week was viewed favorably by investors, according to officials at the real estate investment trust. “We are pleased not only with the pricing execution on this transaction, but also with the level and depth of AAA investor interest,” Marty Hughes, Redwood’s CEO, said this week. The $356.45 million Sequoia Mortgage Trust 2015-2 included...

One advisor reminded us that in the world mortgage M&A many potential deals go south...

Fun fact: First Republic was the only bank among the top five contributors to jumbo MBS issued in the first quarter.

Deephaven's website boasts that it helps “aspiring” homeowners “purchase homes as soon as one day after foreclosure or short sale.”

Redwood posted just $2 million in income from residential mortgage banking activities in the first quarter.

On the plus side, the publicly traded nonbank funded $4.2 billion during Q1, a 16 percent sequential improvement.

Hatteras held $123.3 million of jumbo ARMs at March 31, a 296 percent increase over three months.

The Community Home Lenders Association recently sent a letter to CFPB Director Richard Cordray, asking the bureau to require consumer disclosures on each mortgage loan that indicate whether the mortgage loan originator working on that loan is licensed. Such disclosures also should show whether the MLO has passed the SAFE Act test, and has completed an independent background check and SAFE Act approved pre-licensing and continuing education courses. CHLA also recommended that consumers be told if their loan originator previously failed (and never passed) the SAFE Act test or has ever been denied a state license because they failed a background check. “The CFPB is carrying out its ‘Know Before You Owe’ initiative, to improve consumer understanding and mortgage disclosures” ...