The credit enhancement on the triple-A bonds is a hefty 34.9 percent, according to KBRA.

We also caught wind of a large servicing auction that took place last week. The broker on the transaction had not returned a media inquiry on the deal...

Purchase-mortgage business at Fannie and Freddie was up a solid 15.5 percent from April, hitting $36.78 billion, tops so far in 2017.

The fear is that if the GSE patch were to expire mortgage lending in the industry might be constrained.

Depositories reported $3.56 billion of mortgage-banking income for 1Q17, a 35 percent sequential decline.

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.