Most of its production is tied to homes in the Golden State but CALCAP hopes to go national one day.

Since 2000 Fannie Mae has provided more than $9.5 billion in liquidity to the manufactured housing sector.

Angel Oak’s first nonprime MBS came to market in December of last year and was backed by collateral with an average interest rate of 7.51 percent.

Will the last megabank left in the FHA market please turn off the light...

However, Ocwen is still prohibited from buying bulk servicing rights until it receives regulatory approval from certain states…

UWM’s Mat Ishbia said competition among wholesale table-funders is a good thing…

Initially, loanDepot planned to register 35 million shares of common at a target price of $16 to $18 a unit, which gave it a maximum valuation of $630 million.

The IG suggested that state HFA downpayment assistance programs are no different than the seller-funded DPA arrangements that led to huge losses for the FHA…

“It feels like we’re getting to a floor,” said MIAC Managing Director Steve Harris.

Joe Garrett added: “…if you keep mediocre producers around, it sends a message that you tolerate mediocrity…”