First-time buyers tend to target homes with lower prices, which have been in particularly short supply recently.

DBRS cautioned that the representations and warranties on the deal are relatively weak and include a sunset provision after 13 months.

Another week, and another lender sued by DOJ...

“If nothing is done in the near term, the natural progression could be a spillover of mortgage originations that favor the private-label market,” S&P said.

But Moody’s acknowledged that mortgage warehouse securitizations can be operationally complex.

KBRA noted that most nonbanks with large holdings of MSRs don’t hedge large swaths of their portfolios…

Ocwen Financial continues to rule the roost in terms of subprime servicing…

Accelerated growth through the acquisition of mortgage servicing rights is an undertaking that remains challenging to the industry, said the MMC…

Over the past five years, the issuance market for securitization has fluctuated between feast and famine, noted one executive…

Analysts at PiperJaffray said the agreement “removes the near-term risk of Altisource being liquidated.”