Expanded-credit MBS issuance (the sum of nonprime and Alt A) hit $9.90 billion in the third quarter, a 60.8% jump from the previous period.

 Fitch said the referenced mortgages will remain on balance sheet as unencumbered assets of JPMorgan Chase.

Although Brian Montgomery has been sworn in, he still faces a hearing in the Senate. Meanwhile, the Senate’s time might be taken up with a possible impeachment trial…

Cagney’s name should be familiar to mortgage professionals. He also founded fintech lender SoFi…

All of the loans in the MBS were underwritten using debt-service coverage ratios.

In recent years, mortgages funded by Quicken have been included in prime non-agency MBS issued by others, but this is the first deal backed solely by loans originated by Quicken and serviced by the firm.

Former Freddie CEO Don Layton took issue with the plan’s basic premise that if the footprint of the GSEs shrinks, private capital will move in to take up the slack...

New Residential will assume some of Ditech’s office space and roughly 1,100 workers will be offered employment at the REIT.

Mortgages eligible for sale to the GSEs accounted for about 25% of the dollar volume of loans in prime non-agency MBS from Redwood earlier this year while the new deal includes a 10% share of GSE-eligible loans.