In trading, Walter was down almost 5 percent on the day. The stock fell to just under $28. Its 52-week low is $24, its high $45.12.

One Stonegate Mortgage watcher we know called the company an “absolute no-brainer short,” noting that when the lender went public “it was overvalued."

The disclosure regime envisioned by the SEC prompts even greater privacy concerns than the initial proposal, according to a number of non-agency MBS issuers.

In a report released Wednesday morning, the servicing settlement monitor said Green Tree failed eight metrics tested in the second half of 2013.

Brett Nicholas, president of Redwood Trust, said the real estate investment trust plans to issue its next jumbo MBS around June.

Residential originators are getting more confident about lending outside the parameters of the qualified mortgage rule.

Banks were largely unwilling to sell off HEL holdings in 2013, according to MountainView Capital Group, an advisor on whole loan sales.

Nationstar made “right-party” contact with delinquent borrowers to determine their eligibility for HAMP in only 65 percent of such cases from March 2013 through February, the government found.

Now that the mortgage lending industry has a few months of experience dealing with the qualified mortgage standard under the CFPB’s ability-to-repay rule, some lenders are getting more confident about lending outside the parameters of the QM. Last week, during a webinar sponsored by Inside Mortgage Finance, an affiliated newsletter, industry experts highlighted some key considerations as to how to do so while minimizing the legal risk and otherwise overcoming certain compliance challenges. “A couple of points that I would make is that you want to document every step along the way – because what you’re really managing to is not necessarily the CFPB, not even necessarily a judge. You’re probably managing to the lawyer who is looking to take the...

Non-QM mortgages will exist throughout the credit spectrum, according to Mitch Hochberg, a partner at Fenway Summer and general counsel at Ethos Lending, a start-up wholesale mortgage originator.