2 reasons the single-family rental securitization market won’t exceed $20 billion

Should mortgage technology and data be universally shared?

Yes, and no

Structural changes, oversight and second-lien reform critical for PL MBS

The game has to be changed to bring back private label capital
W S

Items Tagged with 'Representations and warranties'

ARTICLES

Court rules Merrill Lynch must face $1 billion mortgage lawsuit

Trusts trying to force company to buy back bad loans
Ben Lane
The two trusts said Merrill was obligated to buy back the loans because ResMAE could no longer fulfill its contractual obligations because the company had been liquidated in bankruptcy.
Read More

Two settlements that could harm RMBS investors

More haircuts could be coming investors way, S&P says
Kerri Ann Panchuk
Investors in residential mortgage-backed securities are far from out of the woods when it comes to resolving financial risk from RMBS investments.
Read More

JPMorgan reaches $4.5B settlement over mortgage-bond claims

Deal resolves repurchase and servicing issues
Christina Mlynski
The settlement represents another critical step in the bank’s efforts to resolve mortgage-related legacy matters.
Read More

Portfolio, loan reserve releases buoy Flagstar earnings

Mortgage business takes a beating amid refi burnout
Christina Mlynski
"Overall, this looks to be a decent quarter for Flagstar given the company was able to stay profitable in the face of significant mortgage banking headwinds," analysts with Compass Point Research & Trading Group said.
Read More

JPMorgan faces DOJ criminal probe over MBS issuance

Criminal investigation follows DOJ's finding that JPM broke civil laws
HousingWire Staff
JPMorgan Chase disclosed in a filing with the SEC Wednesday that it's subject to a criminal investigation from the Department of Justice over its issuance of bubble-era residential mortgage-backed securities.
Read More