At Dec. 31, MetLife held approximately $11.74 billion in whole loans. In the past, the life insurer had focused on seasoned mortgages, but two years ago started buying newly-originated prime and near-prime mortgages.

Founded in 2015, Verus Mortgage has notched 10 rated non-QM MBS deals...

As early as October 2016, the FHFA was aware the project was "off track" and additional costs were likely, the IG said...

The non-agency market, which is dwarfed in size by agencies, saw $3.0 billion in securities change hands on a daily basis in March, the strongest reading since June of 2018.

Nonbanks have increased their GSE portfolios by $95 billion over the past year...

The case is notable because it involves the purchase and sale of mortgage loan participations between private investment vehicles.

A stand-out was Texas Capital's “loans held for investment” program which ended the quarter at $6.30 billion, up 34% from a year ago. 

In recent years, the share of VA loans in Ginnie MBS pools has grown significantly...

The negative factors include higher rates, lower originations, and rising expenses, resulting in the lowest net production income per loan reading since 2008...

360 Mortgage is focusing on non-owner-occupied investment properties, which aren't subject to ability-to-repay requirements...