An estimated $1.21 trillion of newly-originated home loans were pooled in mortgage securities last year.

The GSEs’ retained portfolios are shrinking, but whole-loan investments held by banks and credit unions are not.

The improved R&W framework has been a big plus for GSE sellers...

There are two sides to the story. A year from now, the agency MBS market could reach the $6.0 trillion mark...

Home-equity originations declined by a modest 3.0 percent from the third to the fourth quarter...

The supply of outstanding ABS itself fell slightly in the fourth quarter, down 2.3 percent to $704.91 billion...

Refinance activity was heavy in the first half of 2015, and jumbo borrowers typically have more to gain by pulling the refi trigger.

In some quarters, experts wonder how much more nonbanks can grow given capital concerns and interest rate volatility.

The Federal Housing Finance Agency cautioned that the pilots are in their early stages...

How well the nonbanks have done with regulators – and dealing with volatile interest rate swings – is best looked at through the prism of their share prices. And in that regard, Ocwen Financial has suffered the most, easily.