While most non-agency MBS servicers specialize in handling either prime mortgages or expanded-credit loans, Shellpoint services large volumes of both loan types.

The “virtual” roadshow started Friday, with meetings running through Wednesday afternoon, when final pricing is expected.

Flagstar posted a whopping gain-on-sale margin of 219 basis points compared to 80 bps in 1Q20...

MBA believes that as a result of large buyouts of FHA and VA loans by banks from Ginnie Mae pools, these mortgages are now listed as portfolio loans...

The net asset value of the Blackstone Real Estate Income Fund declined by 24% to $443 million as of March 31...

The seller is described as a “well-capitalized, independent mortgage banking entity managed by industry veterans.”

Higher mortgage rates in six months? No one sees it...

The vehicle-finance sector hit a pothole as new issuance skidded 26.0% from the first quarter to $21.61 billion. But that represented 62.9% of new ABS production for the second quarter.

In general, the nature of the non-agency market makes it difficult to standardize practices across the industry, let alone in individual MBS.

The CFPB said Certified Forensic Loan Auditors charged each customer $1,495 upfront prior to providing any services.