A slew of non-agency MBS hit the market; Roc360 forms a real estate investment trust; Deephaven Mortgage launches second mortgage product.

As interest rate volatility rocks the secondary market, industry leaders are working on building strong relationships with loan officers.

Mortgage Bankers Association President Bob Broeksmit decried the proposed higher capital requirements for large banks at an MBA conference.

The lawsuit focused on whether $75 million of deferred principal payments owed by borrowers who had entered into loan modification programs following the 2008 financial crisis should factor into the clean-up call price of MBS held by Deutsche Bank.

Mortgage Bankers Association President and CEO Bob Broeksmit said the proposed capital requirements don't address the reasons banks failed earlier this year.

A record number of homeowners are turning to HELOCs to perform renovations on their properties or paydown credit card debt.

Lenders are entering cost-cutting mode and looking to leverage new technologies to lower overhead while streamlining operations.

Non-qualified mortgage lenders are increasingly opting for whole-loan sales given the demand from insurance companies, among others.

A court ruling in California may have far-reaching consequences for the way non-agency MBS clean-up call prices are calculated.

Shellpoint handled servicing on $3.10 billion in non-agency MBS issued in the second quarter of this year, a 33.2% decline from the previous quarter.