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Volume 2018 - Number 7

April 6, 2018

loanDepot Issues Its Own Jumbo MBS

The first jumbo mortgage-backed security from loanDepot is set to close April 6. After a span where the nonbank contributed to jumbo MBS issued by other firms, loanDepot set up its own securitization shelf. The $299.83 million Mello Mortgage Capital Acceptance 2018-MTG1 was stocked with non-agency jumbos along with conforming jumbos eligible for sale to the government-sponsored enterprises. The deal received AAA ratings from DBRS and Moody’s Investors Service with ...

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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.


I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.


Not bad, but he needs to take his time making additional changes.


We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!