The total unpaid principal balance for mortgages backing the deal has yet to be disclosed.

The trade group also found that refinancings are declining as well: down to 48.7 percent of all new applications from 49.5 percent for the week ending Oct. 20.

Freddie Mac set aside almost $1 billion in reserves for "recent hurricane activity."

According to Inside Mortgage Finance, Nationstar is the nation’s fourth largest servicer based on June 30 figures.

It’s Deephaven’s third nonprime MBS deal of the year…

In 2016, the overall denial rate for applications for jumbo mortgages was 18.6 percent.

Some 6.03 percent of FHA loans were 30-to-60 days past due as of the end of the third quarter, up from 4.51 percent in June.

NAHB said by sharply reducing the number of taxpayers who would itemize, “what’s left is a tax bill that essentially eviscerates the mortgage interest deduction…”

With just over 4.5 million mortgage borrowers potentially affected by hurricanes Harvey and Irma, a secondary market is beginning to develop for mortgages that were originated and closed prior to the storm – but had not yet been placed into a security. According to bidders in the market, the early action focuses on loans that are “stuck” on warehouse lines. But the mortgages cannot be securitized until the property (if damaged) can be brought up to code and re-inspected ...

With the non-agency securitization market showing signs of life this year, firms that specialize in due diligence reviews on such products should be rubbing their hands with glee. But not so with some operators, including The Clayton Group, considered one of the largest players in the market. Late this week, Radian Group, the parent company of Clayton, revealed a $12 million charge against third-quarter earnings because of restructuring charges to the unit. Last week, in a filing with ...