The regulatory development sounds interesting, but there are a few strings attached...

It may be yearend but deals of all sorts are still percolating, whether servicing-related or the sale of “business purpose” lenders.

Ascension Data & Analytics neither admitted to nor denied the allegations, which were first detailed by the FTC a year ago.

While the delinquency rate is near pre-COVID levels, the number of seriously delinquent borrowers is significantly higher.

The average combined LTV ratio on the new jumbo MBS from Chase is 86.6%.

“The rate of improvement is expected to change very little between now and the end of the year,” Black Knight said.

Industry veteran Rudy Orman of Reliant Bank worries about lenders offering debt service coverage ratios of less than 1.

Another mortgage-related special purpose acquisition company deal? Well, sort of...

The retail channel share of jumbo originations is coming back down to earth while the broker channel is receiving a boost thanks to United Wholesale Mortgage, among others. (Includes data chart.)

In a familiar refrain, participants in the non-QM market suggest the sector is ready for takeoff. Still, technology in the non-QM market lags compared with the GSEs.