Despite improvement in securitization returns, jumbo whole loan sales are still more profitable, KBW said.

In fact, these two categories are responsible for more than 75 percent of all defects.

All of the second-quarter increase can be attributed to Bank of America, which reported $372.0 million in repurchases for the period – up $67.0 million from the first quarter.

We know of at least one nonprime lender offering seconds and we expect that in time others may follow…

However, the sample deal agent agreement doesn’t address one of the remaining controversial issues: how much to pay for their services.

Senior Vice President of Issuer and Portfolio Management Michael Drayne said recently the revised acknowledgement agreement could be ready by the end of September.

NAFCU wants the FHFA to preserve existing Fannie and Freddie securities so they don’t become unmarketable after the launch…

The identity of the seller was not revealed in the offering circular except to say the company is “well capitalized.”

Fannie and Freddie could top last year’s $824.8 billion in single-family MBS issuance by the time 2016 is over…

And since RBS is essentially owned by the British government, any settlement money will indirectly come from U.K. taxpayers. Who knows, maybe Adele, Paul McCartney and Elton John can chip in…