Banks have received two-year relief from the full impact of the new current expected credit losses accounting standard as they cope with broader impact of the coronavirus. Nonbanks are seeking similar relief.

Following pressure from industry participants and lawmakers, the Federal Reserve added legacy commercial MBS and CLOs to the TALF. Industry is hoping that eventually non-QM assets might be covered.

Velocity Financial raised capital by selling stock after plans to issue MBS were disrupted by volatility from the coronavirus. Several REITs also provided updates on their financials.

When issuance of non-agency MBS and ABS resumes, issuers will face tougher standards from rating services due to the coronavirus.

Wells Fargo has temporarily halted jumbo production through correspondent sellers while Chase, the other major player, is still active.

Some of AG Mortgage Investment Trust's lenders are willing to enter forbearance agreements with the REIT...

Among the two largest firms that originate jumbo mortgages through correspondents, Chase is still active while Wells Fargo is on hiatus...

Mr. Cooper and Ocwen disclosed relatively healthy financials for the first quarter. However, the overall outlook for nonbank servicers is uncertain

Nearly all of the securitizations were completed in January and February.

Since going public earlier in the year, Velocity Financial's share price has cratered...