IRLCs generally last 30 to 60 days, with lenders agreeing to make a mortgage at a particular interest rate prior to funding the loan.

Most of the mortgages in the MBS were underwritten with full documentation…

Expanded-credit MBS – which include loans with alternative documentation, non-qualified mortgages and nonprime loans – hit $4.08 billion in 2017…

In the new MBS, 41.9 percent of the mortgages were eligible for sale to Fannie Mae and Freddie Mac…

GSE reform may emerge from the Senate Banking Committee, but as for final passage...

After some delays, PennyMac Financial Services launched its broker channel operations this week.

A planned mortgage-backed security from New Residential Investment received much higher ratings than a similar deal issued by the firm in 2016.

“The CFPB cannot fulfill its core functions without collecting personally identifiable information,” said Sen. Elizabeth Warren, D-MA.

Redwood Trust is preparing two prime jumbo MBS, JPMorgan Chase has one of its own and an affiliate of Caliber Home Loans plans to issue a nonprime deal.

CoreLogic noted that early-stage delinquencies continued to increase in October in some areas hit by hurricanes.