Fannie disclosed the single-security “may adversely affect our financial results and contribute to declines in the liquidity or market value of our MBS.”

HomeStreet restructured its mortgage business last year…

According to a tally by Inside Mortgage Finance, few warehouse providers bucked the trend of falling commitments.

Packaging the loans into a non-agency MBS suggests that Flagstar expects better execution in the non-agency market than from delivering the mortgages to Fannie Mae or Freddie Mac.

KBR points out that risk-sharing results in premiums being shifted away from Fannie and Freddie to providers of credit risk protection.

The updated agenda is the CFPB’s first under Mulvaney’s leadership.

Barry Habib, who heads MBS Highway, believe that within two years, the U.S. will be in a recession...

Moody’s detailed profitability levels for four large private nonbanks: Freedom Mortgage, Provident Funding Associates, Quicken Loans and Stearns Lending.

Originators also sold $483.13 billion of loans to unaffiliated buyers outside of the agency market…

In the first quarter, 12.61 percent of purchase loans sold to the GSEs fell into the highest risk category…