Deephaven CEO Matt Nichols is a former managing director at Goldman Sachs & Co.

If Mr. Cooper was the first choice, what were the others?

While jumbo production fell on a sequential basis, many lenders saw a gain when compared to the same quarter a year earlier…

S&P said the revisions are intended to better reflect the evolution of the U.S. residential mortgage market over the past several years…

The regulator cautioned that a large downpayment alone isn’t sufficient to prove a borrower’s ability to repay a non-QM that is based on the consumer’s assets.

The ICBA believes the GSE risk-sharing securities are illiquid and would likely “dry up” in times of market stress.

The Sterling loans tend to have tighter underwriting characteristics than Caliber’s contributions.

Arch Capital will issue its quarterly earnings this Wednesday, April 26. It will mark the first earnings release following the Arch Mortgage Insurance purchase of competitor United Guaranty…

The pending issuance will largely be backed by purchase mortgages...

The agency estimates that collectively, borrowers are missing out on $13.0 billion per year in foregone savings…