The first non-QM MBS from Goldman Sachs includes loans from previously issued deals and some newer mortgages aggregated by the firm.

NAR also recommends eliminating the steep 500 to 700-basis-points fee on GSE forbearance loans...

The general consensus is that this new loan-level price adjustment will not be killed outright but very well could be moved back by at least 60 days from its current Sept. 1 implementation date. This would allow lenders facing rate-lock hits to avoid financial damage…

The CFPB said the sweep of investigations is still ongoing, indicating that more enforcement actions might be on the way.

The downgrade was prompted by JPM's use of Fannie Mae's Collateral Underwriter and automated valuation models.

For the third consecutive quarter, VA production exceeded FHA activity – and the margin widened significantly...

In a new filing with the SEC, Mr. Cooper disclosed that after accounting for a modest increase in the value of its mortgage servicing rights, the new GSE LLPA will reduce the value of the loans in its pipeline by approximately $20 million...

In the PIMCO deal, the loans have seasoned for an average of 14 months and 21.7% of borrowers are on forbearance/deferral plans.

The best the industry can hope for is a delay in the Sept. 1 implementation date, some believe...

Higher rates because of the new GSE refi LLPA? That's not how Freddie CEO David Brickman sees it...