S&P rated $69.54 billion of ABS issued in the first half of the year, roughly 60.1 percent of total issuance by dollar volume.

“Expectations have had to be reset post-election,” said Ryan Schoen, a senior financial services analyst at Washington Analysis.

The easing of underwriting standards was most dramatic for loans eligible for sale to Fannie Mae and Freddie Mac…

The biggest challenge for the vibrant single-family rental market may be the shortage of available homes to purchase, according to panelists speaking at an Urban Institute event highlighting institutional investment in SFRs this week. And one analyst pointed to mid-sized investors as being best positioned to profit from the market. Since the financial crisis, SFRs have emerged as a viable housing option and real estate investment firms are seizing the opportunity. Both mom-and-pop operators and institutional investors have been buying homes of all sizes and offering them as rental properties. Prior to the crisis, there were...

Social Finance, a former fintech darling, has been through the ringer of late: cofounder, CEO and “brain” Michael Cagney resigned midmonth amid sexual harassment allegations and other top executives have departed as well, raising questions about the company’s direction – and future. SoFi, as it’s known, was a “disruptor” of sorts in the financial services arena, refinancing student loans made to millennials at cheaper rates and then securitizing the paper. Over the past 18 months, the privately held startup has been...

Keep in mind that Mel Watt’s term as Federal Housing Finance Agency director expires in January 2019...

In recent exams, CFPB examiners found that one or more servicers received incomplete loss mitigation applications…

In the second quarter, the top three HEL originators were Bank of America, Chase and Wells Fargo, according to a new ranking from Inside Mortgage Finance…

UWM isn’t alone among the optimists, but its closest brethren in the “feeling good” club are nonprime/non-QM lenders such as Angel Oak, Citadel and Caliber…

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