Sources close to the matter noted that Ocwen is involved, but it’s not a trade group.

The Treasury Department will have a key role in developing a $1 billion "test" non-agency security.

The megabanks also decreased their use of interest rate reductions on loan modifications...

“Banks are really bad at servicing nonperforming loans,” said Jon Wishnia, a partner at the law firm of Lowenstein Sandler.

DBRS isn't mincing any words: “Compared with other post-crisis representations and warranties frameworks, this transaction employs a relatively weak standard..."

FHFA's Bob Ryan said the GSE regulator has concerns that decreasing loan limits or increasing g-fees would limit access to credit.

Elevated home prices and a smaller supply of distressed properties have prompted many investors to switch from buying to selling.

It appears that Ethos Lending will enter the non-QM market come October...

Bob Behal, a principal and co-head of ABS and commercial MBS investments at Vanguard Group, said liquidity in the market is fair.

SIFMA did not take a stance on whether g-fees should be adjusted up or down. Instead, the trade group stressed that it is unclear how a change to g-fees would impact non-agency activity.