Other non-agency MBS in the pipeline include offerings backed by reperforming mortgages...

Another day goes by, and more pleas to Uncle Sam to fix the MBS liquidity problem. What will it take?

The active non-QM funders include ACC Mortgage, A&D Mortgage, First National Bank of America, Newfi Lending and Silvergate Bank. (Silvergate, up until recently, was also a warehouse provider of non-QM products.)

Impac had hoped to resume lending again after a shutdown of two weeks. But that was then...

Overall, mortgage citations accounted for only 8% of total gripes...

Ginnie MBS data show an increase of 72,224 loans recorded as 30 days past due from February to March. Some 56,266 of those newly delinquent loans were FHA-insured.

Only 11.22% of purchase-money mortgages purchased by the GSEs in the first quarter had FICO credit scores below 700. That was down from 12.05% in the fourth quarter and 14.66% a year ago.

Believe it or not, purchase loan applications increased 16.4% in Washington, one of the first states ravished by the pandemic...

For certain residential mortgages, including refis, banks can delay obtaining an appraisal for up to 120 days after a loan closes.

In the home equity department, BofA actually increased lending to $3.02 billion in the first quarter from $2.99 billion in 4Q19.