Capital Alpha projects that the “emerging reform thrust” might emulate ideas promulgated by the Mortgage Bankers Association, which is adamantly opposed to recap and release.

A few years ago, ComplianceEase was chosen to provide the technology platform that enables regulators and licensees to cooperate and share the electronic files necessary to facilitate e-exams.

Some $247.0 billion of subprime mortgages were outstanding at the end of the first quarter of 2017, according to estimates by Inside Nonconforming Markets.

Among the “deliverables” the industry is waiting for: the reporting portal, the geocoding tool, data validation and other edits…

TD Bank is by far the biggest bank investor in card ABS, and in ABS overall, but its $12.71 billion portfolio of card ABS was down some $702.6 million from December.

“You need a lot of issuers out there and you need more investors,” said Redwood CEO Marty Hughes.

Among the top five retail lenders, Wells Fargo had the largest sequential decline in 1Q17, down 41.2 percent.

But keep in mind the 'new nonprime' is nothing like the toxic and predatory products of the last decade...

Lenders cited various technology issues, costs and difficulties getting loan officers to change behavior as barriers to digitizing the mortgage process.

Agency MBS data suggest the purchase market hit its low spot in January and has been slowing building momentum ever since…