The average credit score on loans in expanded-credit MBS issued in 2016 and 2017 was 704.9, according to a new analysis by Inside Nonconforming Markets.

Wells Fargo had a more diverse product mix than its nearest rivals…

PennyMac originated $17.04 billion of home mortgages in the fourth quarter, largely through the correspondent channel

Better Mortgage will use a borrower’s average Airbnb earnings from the last 24 months...

In recent years, only two other banks have issued jumbo MBS: JPMorgan Chase and Flagstar...

The MBS will include credit enhancement of 10.0 percent on the senior tranche, similar to other expanded-prime MBS from Redwood.

However, at the markup, the bill was amended to limit the types of mortgages that will receive QM status.

Flagstar contributed $1.02 billion to jumbo MBS last year, or 9.4 percent of the total market…

The provisions would seem to eliminate income from mortgage banking from receiving the full benefits of the deduction.

The law firm helped a number of companies structure MSR financing transactions last year.