Most of the other top players in the non-QM sector returned to the market within months of the COVID-related disruption...

A survey of servicing executives by Fannie Mae found that the companies are having difficulties keeping up with forbearance requirements. Staffing capacity is also an issue.

Lenders surveyed by Altisource cited technology as one of their biggest challenges, while also selecting technology enhancements as an important factor to increase business.

According to the S-1, the pay includes a base salary of $408,994 and a bonus of $42.5 million.

After a disruption in March 2020, originations of non-QMs might return to pre-pandemic levels later this year...

Issuers of expanded-credit MBS haven’t been able to stock deals with new production while one of the largest post-2010 prime non-agency MBS hit the market this week.

Issuance of container ABS surged in the third quarter of 2020 only to deflate in the fourth quarter. KBRA has a positive outlook for the sector despite the ongoing coronavirus.

Lenders are likely to see tougher regulatory enforcement in the coming years, along with increased support for affordable housing.

State regulators launched a “networked supervision” exam system in March, aiming to improve the exam process for nonbanks. Some 35 regulators are using the system, with mixed results.

Flagstar's production and profit margins declined in the fourth quarter, though the bank increased MSR sales and warehouse lending...