The delay to July 2 is the fourth time a shareholder vote on CrossCountry’s bid for Two Harbors has been pushed back.

Another vote delay adds more uncertainty to the proposed merger between CrossCountry Mortgage and Two Harbor Investments.

Ahead of a shareholder vote, the Two Harbors board of directors has reaffirmed its positive stance on CrossCountry's proposed merger.

One-third of homeowners say they are currently refinancing or likely to refinance within the next two years.

The portfolio, with a $555 million unpaid principal balance, is being sold by an unidentified nonbank.

Poor quality appraisals and weak due diligence controls are leading to growing concern about appraisal values for non-QMs.

New investors include firms in Asia and Europe.

International players and smaller insurance companies are expected to increase their investments in expanded-credit MBS.

Delinquencies on non-qualified mortgages have increased, but lenders say the performance of the loans should hold up in the long run.

A Michigan court held United Wholesale Mortgage in civil contempt and ordered the company to present its CEO for a deposition as part of an ongoing lawsuit regarding the company’s “all-in” initiative.