The ICBA believes the GSE risk-sharing securities are illiquid and would likely “dry up” in times of market stress.

The Sterling loans tend to have tighter underwriting characteristics than Caliber’s contributions.

Arch Capital will issue its quarterly earnings this Wednesday, April 26. It will mark the first earnings release following the Arch Mortgage Insurance purchase of competitor United Guaranty…

The pending issuance will largely be backed by purchase mortgages...

The agency estimates that collectively, borrowers are missing out on $13.0 billion per year in foregone savings…

Most of the banks’ non-QMs received that designation due to high debt-to-income ratios.

Moody’s believes servicing acquisitions by Ocwen will be limited by franchise uncertainty, capital constraints and a highly competitive market…

Average DTI ratios on prime non-agency MBS range from 30.0 percent to 33.0 percent in any given quarter.

A reason to go digital? According to one study, the mortgage market consumes almost 2.2 billion sheets of paper annually, which is equivalent to more than 260,000 trees...

While the market for nonprime MBS was relatively strong during the first quarter, Moody’s said some investors have shied away from the sector.