CIT Group will take a charge of up to $50 million on the sale of Financial Freedom...

MetLife said a number of new investors have started buying RPLs in recent years. And even with the strong demand, it’s still a market that offers relatively attractive returns…

The capital and liquidity requirements targeted by Treasury were largely established by the Basel III accords and the Dodd-Frank Act…

First Republic Bank originated $1.90 billion of IOs in the second quarter of 2017, ranking first nationwide.

Kroll Bond Rating Agency projects that about $11.0 billion of prime non-agency MBS will be issued this year…

“Today we can definitely say we know everything about that borrower,” said Steven Schwalb of Angel Oak…

HomeStreet will reduce its mortgage banking staff by 60 full-time equivalent employees...

LoanDepot more than doubled its ARM originations in that span, and large increases were also seen at Wells Fargo, Bank of America Home Loans, First Republic Bank and MUFG…

The MBS is backed by 3,548 mortgages that have seasoned for more than 11 years, on average.

“Expectations have had to be reset post-election,” said Ryan Schoen, a senior financial services analyst at Washington Analysis.