DBRS said one of the strengths of the new jumbo deal is its traditional lifetime representations and warranties.

Another positive for the production market is a new willingness on the part of certain warehouse banks to finance the production of non-QM loans.

Is the investment banking arm of JPMorgan Chase sniffing around the non-QM space? It sounds crazy, we know...

With certain exceptions, credit unions invest almost exclusively in agency product, avoiding jumbo securities.

The investor-plaintiffs claim that Fannie and two of the company’s former executives made false and misleading statements about the mortgage giant’s internal controls and its exposure to subprime.

For a bond investor such as PIMCO, the attraction should not come as a total surprise.

Ocwen's open letter to borrowers likely will not assuage shareholders who have lost a ton of money on the firm.

Jumbo lending increased 14.2 percent in 2013 compared with the previous year. California posted a growth rate slightly above that level...

Although credit unions have boosted their share of new mortgage production in recent years, they continue to be only modest investors in residential MBS, a situation that isn’t likely to change anytime soon. According to figures compiled by Inside MBS & ABS, the credit union industry held $105.27 billion in residential MBS on its books at June 30, a 2.4 percent sequential decline. Compared to the same period a year earlier, their investment in mortgage securities fell by even more: down 4.8 percent. And that may not be such a bad thing. MBS prices were...[Includes one data chart]

A New York trial court judge has dismissed an investor lawsuit alleging fraud by Merrill Lynch in the sale of residential MBS because the plaintiffs failed to meet the state’s pleading standard for fraud claims. Justice Charles Ramos of the New York Supreme Court dismissed an amended complaint brought by Phoenix Light SF Ltd. and other investors against Merrill Lynch and several big banks. The complaint combined...