Fear and loathing in the mortgage job market? Movement Mortgage has let several mortgage workers go. Can looser underwriting standards save the day?

Jumbo originations increased at First Republic Bank, but its mortgage gain-on-sale margin took a hit.

Flagstar hopes to unload $30 billion in residential servicing rights, but is contemplating selling even more in the way of MSRs.

The steady recovery in prime jumbo securitizations and financing needs of nonbank mortgage servicers fueled a modest increase in non-agency MBS issuance during the second quarter of 2013, according to a new Inside MBS & ABS ranking and analysis. A total of $10.08 billion of non-agency MBS were issued during the second quarter, up 17.6 percent from the first three months of the year. It was the strongest three-month output in two years and lifted year-to-date issuance to $18.66 billion, a 119.0 percent increase over the same period in 2012. Re-securitizations of seasoned non-agency MBS have tapered...[Includes two data charts]

Mortgage Master continued its dominance in Massachusetts mortgage lending. Jumbo loan production swelled by 65 percent.

Mortgage firms issued $4.34 billion of non-agency jumbo MBS in the second quarter of 2013, with deals from five issuers, both quarterly highs in the new non-agency era.

Warehouse lenders hold the key to liquidity in the non-prime and private money sectors.

MBA president Dave Stevens is concerned that events could soon overtake policy makers and force an “imperfect solution” to Fannie Mae and Freddie Mac.

Issuance of non-agency jumbo mortgage-backed securities increased by 9.9 percent in the second quarter of 2013 compared with the elevated levels seen in the previous quarter, according to the Inside Mortgage Finance MBS Database. However, rising interest rates and a reduction in refinance originations could slow issuance going forward, according to industry analysts. A total of $4.34 billion in non-agency jumbo MBS was issued in the second quarter of 2013, with deals from five issuers ... [Includes one data chart]

As issuance of non-agency jumbo mortgage-backed securities has increased in recent quarters and conforming jumbo MBS issuance has remained relatively flat, the non-agency sector has started to account for a larger share of jumbo mortgage securitization. A total of $15.07 billion in jumbo MBS – mortgages with balances above the traditional conforming loan limit of $417,000 – was issued in the second quarter of 2013, according to the Inside Mortgage Finance MBS Database ... [Includes one data chart]