Performance in Chase’s jumbo program has remained strong even with the lender loosening underwriting standards somewhat...

MBA President Dave Stevens told IMFnews: “We respect the work of Glen [Corso, CMLA director] and his organization greatly...."

S&P Global Ratings warned on Monday that it could downgrade the issuer credit rating of Walter Investment Management later this year due to ongoing problems at the nonbank.

A language preference question would raise several serious compliance and legal concerns that strongly weigh against including it on the Uniform Residential Loan Application, according to industry trade groups.

Borrowers have been protected from pricing swings on the back-end Connecticut Avenue Securities Structured Agency Credit Risk transactions thus far because guarantee fees on the GSEs’ mortgages are set by the Federal Housing Finance Agency.

Michael Heid, one of the new directors at Fannie Mae, recently retired as president of Wells Fargo Home Mortgage.

Walter’s stock price has declined by about 80 percent in the past year due to regulatory issues and other pressure on nonbank servicers...

Some 4.0 million mortgage borrowers had negative equity at the end of the first quarter of 2016, down 21.5 percent from the first quarter of 2015.

The deal is the first post-crisis nonprime MBS to receive a credit rating and it will be the largest post-crisis nonprime MBS issued to date.

Last year, $18.8 billion in outstanding IOs in non-agency MBS hit 10-year recasts…