The new unemployment report from Uncle Sam is out Friday morning. It will not be pretty...

To boost public issuance of non-agency MBS, the SEC is considering changing disclosure norms for the transactions...

But the first quarter was just a prelude to the crescendo of refinance activity in April and May. A whopping $323.4 billion of refi loans were securitized by the GSEs and Ginnie during the past two months...

The California-based lender said it has satisfied "all" margin calls and obligations under its warehouse facilities...

The top contributors to the deal include Athas Capital Group with a 33.2% share and Sprout Mortgage at 30.8%...

The stock sale comes at an interesting time for the mortgage industry in general and MIs in particular...

The ultimate goal: to reduce the number of authorized shares, which should result in a sizeable increase in the company’s share price.

As one East Coast-based banker put it: “Before the pandemic exploded, I had eight or nine new customers lined up I wanted to bank. Right now, that’s on hold until this passes.”

“It was a tough three or four weeks in this business,” said Steve Abreu, president of NewFi Lending...

Black Knight estimates that based on its reading of May 26, MBS servicers need to advance $3.6 billion a month to investors in government MBS on forborne loans and an additional $1.5 billion for real estate taxes and insurance.