The MOVEIt ransomware attack has impacted as many as 1,172 companies, including mortgage lenders and servicers.

Select Portfolio Servicing was far and away the largest servicer of nonprime mortgages in the second quarter.

The market for rated private ABS has grown significantly in recent years, according to a new report from KBRA.

Pagaya has been growing its securitization capabilities as it sets its sights on partnerships with large banks.

ARMs accounted for 13.8% of first-lien originations in the second quarter.

Saluda Grade has announced new funding for its HEI business and is set to issue a HELOC securitization.

A judge determined that Change Lending will be able to provide loans as a certified CDFI until at least December.

“I think a lot of companies bet late last year and early this year that rates would be materially lower by now than they are,” said Brian Hale, CEO and founder of Mortgage Advisory Partners.

Expanded-credit mortgages accounted for 2.5% of total first-lien originations in the second quarter.

The MBS is top-heavy in loans from California, Florida, Georgia and North Carolina...