The analysis, the first of its kind, was based on new Inside Mortgage Finance surveys that drew results from a broad sample of banks and nonbanks of all size classifications.

Banks held about 18.6 percent of total ABS outstanding.

What’s the market potential for nonprime/non-QM lending? Maybe $100 billion a year…

Republicans running the House Financial Services Committee had enough votes, in spite of one defection, to push through a legislative markup this week a comprehensive overhaul of the Dodd-Frank Act that would eliminate the pending risk-retention requirements for ABS other than residential mortgages, among other provisions. The GOP’s preferred legislative vehicle is H.R. 5983, the Financial CHOICE (Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs) Act, dropped in the legislative hopper a week ago by Rep. Jeb Hensarling, R-TX, committee chairman. “Many post mortems of the financial crisis posit...

Impac presently has a market capitalization rate (stock price multiplied by number of shares) of $167.6 million.

And since RBS is essentially owned by the British government, any settlement money will indirectly come from U.K. taxpayers. Who knows, maybe Adele, Paul McCartney and Elton John can chip in…

Meanwhile, as home equity originations improve, the outstanding supply of home-equity debt continues to decline.

All three panelists expressed the view that the nonprime market is safe from competition from the megabanks...

Potential MSR sellers abound, but what price will they accept?

The third quarter has yet to end and the big question for the industry boils down to this: Will 3Q be better than 2Q?