Interactive Mortgage Advisors has launched RealPartner.com, a crowd funding platform giving accredited investors access to performing residential mortgages...

The new jumbo security from JPMorgan Chase is scheduled to be issued on Oct. 30.

However, there was some good news. Flagstar reported residential originations of $7.19 billion, a 21 percent gain from 2Q.

An investor in GSE stock, Continental’s counsel in the case is Cooper & Kirk, the same law firm that represents Fairholme, a large hedge fund that bought up GSE stock last year.

One former CEO candidate told IMFnews that back when he was approached about the job, the starting salary for the position was at least $400,000.

We even heard one report that a non-QM firm is contemplating an initial public offering. It sounds crazy, we know…Meanwhile, it appears the states want a say in MSR transfers...

Ocwen said it has fixed the "back-dating" problem but it may be too late for the company.

One mortgage executive added: “Watt is trying to do the right thing, but I’m not sure he will get there. It’s good to see the government admit that the pendulum went too far.”

Non-agency MBS sponsors will be allowed to retain the risk portion on vertical or horizontal tranches of the security or a combination of the two.

Under the CFPB’s new rule, financial institutions will be able to post privacy notices online instead of distributing an annual paper copy.