Figure’s co-founder and CEO is Mike Cagney. If the name sounds familiar, it should. Cagney formed SoFi earlier in the decade...

Bank ABS holdings drifted lower in every sector except one: the nebulous “other” category.

In a recent report, Fitch Ratings noted that shortfalls can occur when a mortgage is prepaid before the end of the month, causing only a partial collection of the interest owed by the borrower...

Shea Pallante, executive vice president of Sprout Mortgage, called the non-QM market a “sleeping giant.”

Some market watchers suspect that in the wake of Citadel Servicing striking a deal, other shops might be open to offers as well…

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.

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

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...