The supply of home mortgage debt outstanding grew for the second consecutive quarter during the final three months of 2014, eking out a slim 0.1 percent gain from the end of September. The Federal Reserve late last week reported that $9.862 trillion of 1-4 family mortgage debt was outstanding at the end of last year. It may not sound like much, but it marked the first time since ... [Includes one data chart]

More than a year after standards for qualified mortgages took effect, a number of lenders are willing to offer non-QMs, but production has been concentrated on affluent borrowers. Lenders seem less willing to offer non-QMs to borrowers with lower credit scores or higher loan-to-value ratios. For the past year, Nationstar Mortgage has been working toward offering a non-QM refinance product. The loan would target non-agency borrowers in the nonbank’s large servicing ...

With JPMorgan Chase slated to buy $45 billion worth of Fannie Mae rights from nonbank Ocwen Financial the shift in MSRs over to banks likely will continue...

For all of last year, Fannie and Freddie securitization of newly-originated loans accounted for just 65.7 percent of MBS issuance, primarily because declining refi volume...

Nevada was the leader in underwater homes with 24.2 percent of mortgaged properties in a negative equity position.

Despite the sequential jump in buybacks, the fourth quarter total was the second-lowest repurchase amount disclosed by the two...

United Wholesale's Mat Ishbia said 20 percent of purchase mortgages are originated by brokers.

The biggest component in the aggregate portfolio was consumer ABS, which includes student loans, securitized leases and consumer debt other than credit cards, home-equity loans and auto finance...

The dispute around an $8.5 billion settlement between Bank of America and non-agency MBS investors may be at an end after a New York state appeals court signed off on the deal. The agreement would mean a quick end to a lengthy legal battle over a settlement that was first announced on June 28, 2011. It also means the agreement could become the template for all representations-and-warranties settlements with large institutional investors, analysts said. BofA agreed...

Officials from the Federal Housing Finance Agency as well as the government-sponsored enterprises will give an update on the common securitization platform project at an upcoming technology show – but don’t expect a “beta” test, at least not yet. Over the past two weeks, Inside MBS & ABS had been hearing reports that a private “demo” of the CSP was in the works – and might possibly happen at a technology show later this month in Orlando, sponsored by the Mortgage Bankers Association. FHFA principal strategist Michael Aneiro is scheduled...