FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

JPMorgan delays issue of jumbo RMBS

JPMorgan Chase (JPM) is said to be delayed in bringing its first private-label residential securitization to market post-recession.

JPM worked on the deal for months, but had structural issues that are slowing the process.

A spokesperson for JPM declined comment.

However, a source close to the deal went so far as to declare the deal had "been shelved."

Others say the deal may be privately placed instead.

There is growing confidence that big mortgage firms will begin to issue more private RMBS. 

For example, Cerberus Mortgage Capital filed for its IPO recently, unveiling wide ranging plans to purchase residential mortgage-backed securities and mortgage servicing rights, according to the document at the Securities & Exchange Commission.

It is also suggested that Nationstar (NSM) and Ocwen Financial (OCN) are pursuing mortgage origination platforms for the purpose of issuing RMBS, but this is analyst speculation.



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