It’s the fourth trip to the nonprime MBS well for Angel Oak…

The firms originating the collateral backing the MBS were not identified.

-The nation’s top three ARM lenders are JPMorgan Chase, Wells Fargo and Bank of America…

PHH Mortgage and Chase both played a role in the decline of IO originations.

Wells Fargo, which has the largest portfolio of first-lien mortgages, reported a 3.2 percent drop in its holdings, down to $272.72 billion as of the end of the first quarter.

The trade groups argued that the interpretation that employees have a right under the NLRA to engage in class or collective litigation is “dubious at best.”

The Consumer Financial Protection Bureau has largely been “defanged” in the aftermath of 2016 elections, according to analysts at FBR Capital Markets.

Clayton Holdings was the first firm to receive an assessment from rating services as a deal agent…

The Atlanta-based Angel Oak hopes to double its sales force this year.

Other contributors to the deal include Stearns Lending, American Pacific Mortgage and Cornerstone Home Lending.