Fannie Mae saw the biggest drop in refi volume, a 30.2 percent decline from December…

SFIG noted that a complete repeal of risk-retention requirements “is likely neither appropriate nor probable.”

PFSI is forecasting that by the second half of 2017 it will be originating $40 million to $60 million per quarter in multifamily loans.

Tom Hutchens of nonprime originator Angel Oak Mortgage Solutions said his shop presently employs 44 wholesale account executives and plans to hire 60 more over the next 18 months.

In 2016, retail sales conducted over the Internet boomed while traffic at America’s shopping malls remained tepid, raising new concerns about CMBS deals where the collateral includes a troubled “anchor” tenant. According to figures compiled by Morningstar, roughly $49 billion of CMBS transactions are backed by regional malls. When the anchor closes, it raises all sorts of concerns about whether the entire mall will be able to survive. (Earlier this year, Sears and Macy’s separately announced they will close a total of 218 stores.) “As online shopping, the diminishing importance of department stores, and store closures all contribute...

When commercial banks run screaming from a business, it usually opens up a huge opportunity for nonbanks…

During his career, Israel has worked for IndyMac Bank and other shops.

The new MBS is largely backed by non-QMs, along with some “rebuttable presumption” QMs…

When it comes to cashing out of large blocks of GSE common stock, sellers face the ‘Roach Motel’ syndrome: investors check, but can’t necessarily check out…

With interest rates staying steady the past few weeks, more bulk MSR deals are hitting the market.