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.

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.

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

“The appetite in the secondary market for non-QMs is insane,” said Shea Pallante, an executive vice president at the Long Island-based Sprout Mortgage...

The firm named Chief Financial Officer Glenn Votek interim CEO and president as it searches for a permanent replacement.

By the time recap and release is completed, an army of securities attorneys and investment bankers are going to rack up the billable hours…

The $533.5 million issuance will be the largest post-crisis non-agency MBS backed by mortgages for investment properties.

Professionals familiar with the product say investment-property loans underwritten using debt service coverage ratios are easier to underwrite than mortgages made to self-employed borrowers using bank statements...