The acquisition will help expand Western Alliance Bank's warehouse lending efforts.

MBA also urged the regulator to create guardrails to prevent any individual shareholder from gaining control of Fannie and Freddie after they’ve exited conservatorship…

Caliber is worried that if interest rates rise from current levels, the volume of prepayments and mortgage payoffs is likely to decline, which will reduce the cash available to fund servicing-advance obligations.

The agencies securitized almost $592 billion of single-family refi loans, a 17.8% increase from 2Q. Refis accounted for 64.7% of the market during the third quarter. However, purchase-mortgage activity increased more in percentage terms...

The 10-year Treasury currently is offering a yield of 0.77%, the highest reading since early June…

DBRS saw a relatively small 5.7% decline in MBS ratings from the first to the second quarter, and actually upped its ratings of expanded-credit mortgage MBS...

More importantly, the analyst noted, the council threatened to impose still stricter standards or designate the GSEs as systemically important financial institutions if the capital rule was materially softened.

Imperial Fund, an asset management company, is affiliated with A&D, a non-QM lender.

Fannie and Freddie securitized $556.2 billion of single-family loans that were aged three months or less when the MBS was issued, a whopping 81.0% increase from the prior quarter.

Nearly 75% of loans in the MBS were subject to exterior-only appraisals.