A unit of Cerberus Capital Management is preparing to issue a non-agency MBS backed by loans that have seasoned for an average of 8.9 years...

The dollar volume of the jumbo security differs significantly from a $189 million deal suggested by American Mortgage Consultants last week

Chase was the sixth largest FHA lender in 2014 with $1.67 billion. Citi ranked 62nd with $342.4 million.

After being unable to reach the borrower for several months, Green Tree called the borrower’s neighbors multiple times, asking them to have the borrower call the servicer.

A few years back, one investor in nonperforming loans told us that when he couldn’t find a delinquent borrower he turned to the Internet, namely Facebook...

Credit Suisse, the top jumbo MBS issuer through the first half of 2015, placed $629.6 million of jumbo MBS in 2Q, down 44.7 percent on a sequential basis.

Housing markets in North Dakota and Texas are looking a bit risky these days, according to the Arch MI Risk Index model.

The pending MBS from JPMorgan Chase will include contributions from Chase, First Republic Bank, PennyMac Loan Services and SunTrust Mortgage.

“After the ‘taper tantrum’ you had a whole bunch of institutions that got annihilated when the 10-year Treasury rate moved," said analyst Christophe Whalen of KBRS.

We’re told a sale contract could be signed any day now, but as far as a public announcement is concerned, it may not happen right away…