Moody’s said many of the contributors to the MBS are small, regional entities that lack the sophistication of larger, more established originators.

Average credit scores in the FHA program drifted slightly lower, while climbing 1.9 points for VA loans.

Redwood CEO Marty Hughes said pricing for jumbo MBS is currently strong, with execution on issuance better than execution for whole loan sales.

Meanwhile, selling Ginnie Mae receivables is still a difficult task…

The disclosure comes on the heels of a recent legal settlement in California that paves the way for Ocwen to buy servicing rights once again...

At last check, Fairholme valued its stake in Fannie/Freddie at roughly $115.7 million.

Warehouse providers ended 2016 with roughly $62.0 billion of commitments on their books, a 21.6 percent improvement from the same period a year earlier, according to new survey figures compiled by Inside Mortgage Finance. For the most part, warehouse finance continued to be a healthy business for the megabanks and regional banks that play in the sector – especially with nonbank originators stealing market share away from many of the institutions they’re receiving lines of credit from. Few warehouse managers interviewed by this publication cited...[Includes one data table]

The Angel Oak family of mortgage lenders finished 2016 with roughly $700 million of nonprime/non-QM originations, according to officials at the company.

Officials at Ocwen warned of more financial turbulence throughout the year...

Higher FHA delinquencies may have been caused by administrative mistakes…