Among the four main mortgage products, only originations of expanded-credit loans increased in 2018. Originations of expanded-credit mortgages rose 20.2% to $45.2 billion last year, according to estimates by Inside Mortgage Finance. Total first-lien production declined by 9.9% during the year.

Disclosures to investors in post-crisis non-agency MBS regarding potential breaches of representations and warranties have been inadequate, according to Moody’s Investors Service.

Industry participants see promise in credit-risk transfer transactions beyond the government-sponsored enterprises, with possible markets developing involving Ginnie Mae, banks, credit cards and auto loans.

The Structured Finance Industry Group plans to change its tactics with policymakers, said Michael Bright, the president and CEO of the trade group.

Industry groups have once again requested federal regulators delay a new accounting standard for credit losses. The Current Expected Credit Loss standard is scheduled to be implemented on a phased-in basis beginning in January.

Mr. Cooper reported a net loss of $136 million in the fourth quarter of 2018. For the full year, the nonbank had net income of $1.04 billion.

Issuers of prime jumbo mortgage-backed securities aren’t doing a good enough job of providing details of potential rep-and-warrant breaches …

Some 2.2 million borrowers were in a negative equity position at the end of 2018, a 1.6% increase from the end of the third quarter.

The lack of action by Congress on the federal government’s role in housing finance makes the issue “high risk,” according to a new report by the Government Accountability Office.

A number of trade groups renewed their request on Tuesday for a delay in implementation of the current expected credit loss accounting standard ...