At Sept. 30, banks held another $38.07 billion of MBS in trading accounts…

The first non-QM MBS from Credit Suisse's DLJ Mortgage Capital relied solely on loans from AmWest Funding. The new security from DLJ is backed by product from multiple lenders.

In September, the CFPB changed its position on the issue, agreeing with the plaintiff that its own structure is unconstitutional.

Special statutory provisions establish different GSE loan limit calculations for Alaska, Hawaii, Guam, and the U.S. Virgin Islands. 

UWM doesn’t issue its own MBS, and instead contributes to deals issued by others, most notably, JPMorgan Chase.

Unlike other non-agency MBS with GSE-eligible loans, the deal from Provident is concentrated on standard mortgages for primary residences.

With refinance activity surging, retail platforms were kept busy writing replacement loans for their existing servicing clients.

Recently, Sachem came to market with $30 million of short-term notes priced at 6.88%. In the third quarter the publicly traded REIT posted a net profit of $2.1 million.

In the third quarter, the market leader was Citibank, followed by Angel Oak, Redwood Trust, Citadel Servicing Corp. and U.S. Bank Home.

Previous MBS from Neuberger Berman included investment-property mortgages underwritten using rental income...