According to a copy of the offering circular provided to IMFnews, Quicken accounts for 32.86 percent of the loans.

One positive trend for the mortgage insurance sector is that the growth in business during the second quarter was squarely in purchase mortgages and traditional MI loan-to-value ranges.

Don't believe the naysayers. Second quarter originations turned out to be better than expected.

Suddenly, REITs are entering into alliance deals regarding jumbo mortgages. Five Oaks Investment is the latest.

The Democratic proposal calls for private mortgage capital to backstop the first 5 percent of conventional-mortgage securitizations with the remaining 95 percent of risk shared “on a pari passu basis.”

We know of some veteran mortgage bankers who believe the “fix and flip” housing market is getting overheated. One lender told us he fears a severe correction could hit California…

At the very least, MI firms must have $400 million in capital, and $500 million if the company is start-up mortgage insurer.

Marc Savitt, president of the National Association of Independent Housing Professionals, said he is seeing more lenders entering the wholesale channel. Most are nonbanks.

Non-QM origination volume could rise above $400 billion a year if the GSEs are no longer in conservatorship. Of course, Fannie and Freddie are nowhere close to doing that...

Impac anticipates that 90 percent of its non-QM volume will come through the correspondent and broker channels.