A new op-ed from Caliber Home Loans CEO Sanjiv Das has people talking, and not necessarily in a good way...

Banc of California is the top contributor to a new $388.16 million expanded-credit mortgage-backed security from an affiliate of Annaly Capital Management.

Fannie said the change was brought about as a “result of our periodic review of risk-based pricing…”

It was rumored that PIMCO was considering issuing non-agency MBS backed by nonprime non-qualified mortgages but loans in the pending deal have seasoned for a number of years and the borrowers have prime credit...

The refi share of new business fell to 44.1% from 47.4% the week prior…

Formed earlier in the decade by former Goldman Sachs executive Matt Nichols, Deephaven ranks among the top 10 expanded-credit lenders.

In late 2015, Quicken executive Bill Emerson complained how DOJ sued based on a paltry sample of the lender’s government-backed loans. “They cherry-picked just 55 loans [for its case],” he said…

More data = more scrutiny?

Mat Ishbia, CEO of UWM, noted: “We finished the first quarter with [loan production] of about $17.56 billion, more than double what we did in 1Q1 2018…”