MountainView is being careful not to have its maiden voyage in non-QM lending labeled as subprime.

Ocwen faces a dilemma. It has a gargantuan MSR portfolio but meager loan production. At some point, something has to give…

A source close to Horne confirmed the news and said he would be serving as an “executive advisor” to Wingspan, at least over the short term. But this source warned that the situation was "fluid."

One GSE source close to the CSP project noted that Yanoti was one of the platform’s “leaders,” but cautioned that “there are others as well.”

Another refi boomlet? One Long Island-based mortgage executive told us this: “Locks doubled from the day before and are up 30 percent over the previous 10 days”…

Ethos Lending, a QM and non-QM lender, is marketing itself to third-party loan officers as the “broker advocate."

More clarity on the matter is expected later this month when Ginnie is set to release new guidance at the annual convention of the Mortgage Bankers Association.

In the past, when mortgage wholesalers cut fees it marked an attempt to increase production volume.

There have been some reports – unconfirmed – that some Wall Street firms are considering extending “repo” lines to non-QM funders, but that hasn’t happened yet.

In other servicing-related auctions, The Prestwick Group is working on three bulk deals and three flow transactions.