The $455.6 million securitization of closed-end second liens is the largest securitization of newly-originated closed-end second liens seen in recent years.

HECM endorsements increased in the third quarter after four consecutive quarterly declines.

The case centers on whether national banks have to follow state laws on interest payments for funds held in escrow accounts.

Verus Mortgage Capital, already the top issuer of expanded-credit MBS, is planning to issue a $701.6 million deal, marking the largest issuance from the affiliate of Invictus Capital Partners in more than a year.

Foreclosure activity looks to be returning to more traditional patterns following pandemic volatility.

Trade groups representing mortgage lenders have raised grave concerns about proposed changes to capital requirements for large banks.

Expanded-credit MBS volume was down 27.2% on an annual basis and prime volume fell by 62.9%.

Mr. Cooper ranks sixth in MSR ownership...

Chris Bennett, a veteran MBS trader and founder of Vice Capital Markets, suggests looking to the five-year Treasury rate for current coupon mortgages.

JPMorgan Chase is no longer the largest issuer of non-agency MBS.