SFA's Michael Bright: It looks like jumbo MBS has the highest probability of being included in an expanded TALF...

Several REITs have not yet reported first-quarter financials, so the sector’s sell-off may have been somewhat larger.

Others blanched at the price tag and are now pondering whether they should install new loan-level price adjustments, something FHA would not welcome.

According to the offer circular, the package (19 loans in total) also boasts an average FICO score of 721. Roughly 30% of the paper is based in California, with representation in Florida and Texas as well.

The flow of first-time buyer loans was up 20.0% from the first five months of 2019...

The planned MBS will be stocked with mortgages originated earlier this year, before volatility paused non-agency MBS issuance.

The Mortgage Bankers Association has been silent on the issue, until now...

California is expecting a massive budget shortfall because of the pandemic, but remains committed to funding a robust state-level CFPB...

Wells Fargo is maintaining its steady issuance of jumbo MBS while other issuers largely avoid the market.

Depositories reported $3.360 trillion of servicing for others on their books at the end of March, down a stunning $244.76 billion from 4Q19...