The issuance looks to have been prompted by a joint venture SG Capital formed earlier this year known as Hillgrowth Acquisition.

The average combined LTV ratio for loans in the pending $365.0 million MBS from Citi is 82.8%.

The amount, coupon and maturity of Freedom Mortgage's planned debt offering will be determined at the time of issuance, according to Fitch Ratings.

Eighteen of the 30 servicers had decreases in jumbo servicing from the second quarter to the third.

Ellington Financial is marketing a $450.7 million non-agency mortgage-backed security with mortgages for investment properties underwritten using debt service coverage ratios.

Pennymac issued an average of one non-agency MBS per month this year focused on GSE-eligible mortgages for investment properties. And Redwood is marketing its 13th jumbo MBS of the year.

Jumbos accounted for 15.1% of total first-lien originations in the third quarter, down from a 15.8% share in the second quarter.

The Office of the Comptroller of the Currency is looking into developing a “simplified strategic plan process” for community banks to comply with the Community Reinvestment Act.

Velocity Financial originated a record $739.0 million in business-purpose loans in the third quarter.

The conventional-conforming sector continued to account for the largest portion of originations, with a 52.2% share in the third quarter.