Among the tranches of residential MBS issued this year that received ratings from multiple firms, nearly 40.0 percent of the bonds had so-called split ratings, with different assessments by different rating services.

Guild noted that unlike other low-down payment programs, the 3.0 percent downpayment can be funded by a gift.

“After carefully evaluating market conditions and consumer needs, we are reducing to better align with current volumes,” Wells said.

Gregory Funding is in the first year of a three-year expansion plan…

Celebrity Financial has several M&A irons in the fire...

This spring, loanDepot was rumored to be a takeover target of Internet retailer Amazon.com…

The new MBS from Neuberger Berman is backed by loans originated by Impac Mortgage Holdings…

Starwood is now directly sourcing loans from Impac and hasn’t tapped any other originators.

The lender/servicer also unveiled plans for a corporate reorganization that could triple the firm’s market capitalization rate…

Loans from United Shore account for 19.0 percent of the new issuance.