Wells Fargo remained the most dominant lender in the sector with $42.28 billion of jumbo originations in 2014, down 2.5 percent from the year before.

Total points and fees may not exceed 3 percent of the total loan amount for loans of $100,000 or more.

Nearly $1.0 billion in non-agency MBS was included in the rating action by Fitch.

The sale and transfer must first be approved by Freddie and its regulator, the Federal Housing Finance Agency.

Ocwen, which is in the process of liquidating its massive agency MSR holdings, is a subservicer to HLSS.

In case you’re wondering, Ocwen services roughly $208 billion of non-agency product.

Almost 71 percent of residential loans originated last year were funneled into mortgage securities. In 2013 the securitization rate was 78.5 percent.

The Securities and Exchange Commission’s update to Regulation AB won’t prompt many issuers to change whether they issue deals in the public market or private market, according to industry participants. After the so-called Reg AB2 takes effect, issuers of SEC-registered MBS and ABS will have to disclose more information. The regulation includes an exemption for 144A private placements, which could provide a way for issuers to avoid the SEC’s disclosure requirements. At the recent ABS Vegas conference sponsored by the Structured Finance Industry Group and Information Management Network, many issuers indicated....

AAMC said that while at BofA, Ellison was “the executive leading the team that managed the valuation and disposition of Bank of America’s legacy mortgage loan portfolio.”