The nonprime mortgages were sourced through Lone Star affiliate Caliber Home Loans and other lenders…

Before the financial crisis, about 10 percent of home sales were all-cash transactions…

The new MBS from Redwood will include a mix of safe-harbor qualified mortgages, rebuttable presumption QMs, non-QMs and some loans not subject to QM standards.

Problems regarding the ratings of IO tranches of pre-crisis non-agency MBS emerged in June of this year...

Earlier this month, nonprime lender Citadel Servicing Corp., Irvine, CA, launched a one-month bank-statement program for self-employed borrowers.

A growing number of mortgage lenders and aggregators are actively considering entry into the private label securitization market, says Clayton President Jeff Tennyson…

Mortgages in the deal were originated by a variety of lenders, none of which were identified…

Credit unions hold the servicing rights to mortgages they originated but cannot buy MSR contracts in the secondary market…

The proposed suspension generally applies to banks with less than $250 billion in total assets.

Starwood didn’t disclose the volume of non-QMs it has acquired at this point.