Chimera retained about 15.0 percent of all three of the non-agency MBS...

Redwood indicated the income from the new jumbo MBS will be lower than income received through whole-loan sales...

“The banks’ sweet spot is with super prime,” said Marty Hughes, Redwood’s CEO…

The housing bubble did in fact burst and I don’t recall Trump making any money off of it unless he did so through private investments that none of us know about...

Four other banks were released from similar restrictions by the OCC earlier this year...

The SAFE Transitional Licensing Act of 2015 had strong support from the Mortgage Bankers Association, The Community Home Lenders Association and other trade groups.

Last summer, Chase started offering jumbos with credit scores as low as 680 and downpayments as small as 15 percent. Previously, the bank required credit scores of at least 720 and 20 percent down…

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...