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

Real estate brokerage firm Redfin is preparing to offer purchase mortgages to homebuyers who use the firm’s real estate agents. The company announced Redfin Mortgage last week, promising a “digital mortgage,” low interest rates and faster closing times. The new lender will be led by Jason Bateman, a former executive vice president of mortgage operations at BBVA Compass. “When your real estate agent, title professional and lender work together, you win,” he said. “Lenders should spend their time determining which loan is right for a customer, not looking for new customers.” Initially, Redfin Mortgage plans...

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.

The "Lost Sales Analysis" product – licensed from its developer, Equifax – helps originators determine if applicants closed a mortgage with a competitor.

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…

The nomination of investment banker Steven Mnuchin to head the Treasury Department moved forward Wednesday...

A fun fact for nonbanks: Depository institutions among the top 50 servicers reduced their holdings by 1.2 percent during the same period.

In many cases, the fourth quarter drop was due to poor performance on servicing hedges.