The CFPB and DOJ issued a statement on denials of credit based on an applicant's immigration status.

In a case that could have far-reaching effects on MBS investors, a New York judge ordered a servicer to recalculate clean-up call termination prices to include deferred payments.

Revised rating methodologies by DBRS and other rating services could lead to mortgages with private MI going into non-agency MBS.

Smaller real estate investors are playing a larger role in the housing market as inventory fails to keep up with demand.

“The only kind of new supply coming out of the market in any scale is ground-up construction or refreshed housing products,” said Steven Trowern, the founder and principal of Temple View Capital.

In a speech Monday, Michael Barr largely defended the Basel proposal while also encouraging feedback to help with potential revisions.

The top three issuers of non-agency MBS in 3Q23: JPMorgan Chase, Onslow Bay Financial and Invictus Capital...

While prime non-agency MBS issuance rebounded in the third quarter, the expanded-credit sector remained the predominant source of non-agency issuance. (Includes data chart.)

Proposed capital requirements for large banks would have an impact on high loan-to-value loans to borrowers in underserved communities, according to an analysis by the Urban Institute.

The first rated HEI securitization, brought to the market by Saluda Grade and Unlock Technologies, received a BBB rating from DBRS.