The tone for banks likely was set by JPMorgan Chairman and Chief Executive Jamie Dimon, who in 2014 warned that without a safe harbor, his bank would be very cautious about FA lending going forward…

Caliber is owned by Lone Star Funds, which was hoping to take the nonbank public one day…

In the spring of 2014, Wornow left Morgan Stanley as managing director and head of its MBS trading desk.

A few days later, Ditech filed notice with the SEC that the company would pay Patti Cook a $300,000 bonus for her service to the company...

The jumbo MBS business may be struggling but not "GSE jumbos," according new figures from IM&A...

The bid price on the FNMA 3.50 bond has become so frothy that some investors are shorting the security...

Officials at American Capital Agency announced last week that the real estate investment trust formed a wholly-owned broker-dealer subsidiary. The broker-dealer will help provide the REIT with repo funding and to-be-announced MBS trade-clearing capabilities. Peter Federico, a senior vice president and chief risk officer at American Capital, said the REIT started forming the broker-dealer about six months ago. He said the entity is fully staffed and is in the regulatory application process, with operations expected to begin midyear. “Once our broker-dealer is up and running, we will pursue...

Trends in demand for non-QM jumbos were more clear-cut, with 25.4 percent of 59 banks reporting that demand was weaker…

Declining interest rates are making some bidders think long and hard about MSR pricing...

Meanwhile, EJF Capital, the private equity firm headed by Manny Friedman, has dumped a large chunk of its stake in PHH...