The Treasury Department noted that QRM standards do not include requirements for loan-to-value ratios.

Prospect Mortgage is the top contributor to the deal with an 11.2 percent share of the collateral.

The deal marked a shift for EverBank – the bank typically retains its jumbo ARM originations in portfolio.

According to figures recently compiled by RealtyTrac, 26,947 single family homes were flipped nationwide in the third quarter.

Although Bank of America has been dumping MSRs aggressively over the past two years, its subprime servicing portfolio has declined at a gradual pace.

Regarding Nationstar’s financial condition, Fitch previously referenced the financial condition of Fortress Investment Group, which owns 74 percent of the nonbank lender/servicer.

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Fitch warned that about 25 percent of the collateral received C or D grades for material violations or lack of documentation.

The top contributor to the new jumbo MBS from FirstKey is CMG Financial with a 13.8 percent share. Cornerstone, Bank of Internet and Impac also provided product.