Overall, Ginnie securitization of FHA and VA purchase loans increased by 37.7 percent and 37.9 percent, respectively, during the third quarter, according to Inside Mortgage Finance’s database.

The Two Harbor deal ends a span of 31 days without a presale report for a new non-agency security.

Industry consultant (and frequent FHA critic) Ed Pinto, who studies housing issues for the AEI, predicted a premium cut in his year-end roundup...

Jordan lends in roughly 45 states and its loans have an average life of about eight months. The nonbank extends credit at rates of 10 to 12 percent.

PHH Mortgage remained the predominant IO lender with $3.43 billion during 3Q15, but the firm’s volume fell 16.9 percent on a sequential basis.

Nine firms issued jumbo MBS in 2015 and JPMorgan Chase was the top issuer for the second year in a row.

As IMFnews went to press, Stonegate Mortgage was suffering the most among real estate finance-related stocks, down 7.16 percent on the day.

“A terrible outcome,” one mortgage consultant told IMFnews…

The agency is warning lenders that the annual recertification can be a lengthy, time-consuming process.

Back in April, the privately held Quicken sued the two cabinet level agencies and their leaders, claiming the residential lender was a target of a “political agenda" under which the DOJ…