MBA urges FHFA to consider securitization when reviewing the Federal Home Loan Bank system; Ambac’s MBS lawsuit against Countrywide goes to trial 12 years later; MISMO seeks comments on template for BWIC activity.

Big banks boosted their appetite for jumbo mortgages in the past decade thanks to regulatory changes following the 2008 financial crisis, according to a new finding from the Federal Reserve Bank of New York.

Unlock and Saluda said the senior debt offering in the securitization was oversubscribed...

Fannie Mae is ready to unload almost $1 billion in NPLs...

Some $13.57 billion of conforming jumbos went into GSE MBS in the second quarter...

The impairment rate measures delinquent mortgages and modified loans...

Top-ranked Citibank nearly doubled its expanded-credit production from the first to second quarter...

The expanded-credit mortgage sector bucked the trend and increased production in the second quarter. While some lenders significantly boosted originations, others recorded sharp declines. (Includes data chart.)

Less-capitalized non-QM lenders struggled amid weak demand for the loans in the secondary market. Some firms are looking to take advantage of that weakness.

Pricing increases that took effect in April reduced the volume of loans for second homes and conforming jumbos going to the GSEs. The “core” product share of GSE business also hit a high level in the second quarter. (Includes data chart.)