Private-label residential MBS interest shortfalls and liquidity disruptions that Standard & Poor's has been observing are likely to continue for some time, a credit analyst said in an online broadcast.

Mortgage lenders issued $29.2 billion of Ginnie Mae MBS in March, up 5% from the prior month as securitizations of Jumbo and multifamily loans surged, according to new figures released by the government.

The 'qualified mortgage' rule that the Consumer Financial Protection Bureau (CFPB) is working on is expected to limit the kind of mortgages that lenders can make – but may also curb the size of the loans they originate as well.

In a report released today, Barclays Capital analysts said that the potential supply the Federal Reserve's planned sales of parts of its Maiden Lane III (ML III) portfolio should keep a lid on pricing for the AJ tranches on CMBS deals.

Commercial mortgage banker Walker & Dunlop, Bethesda, Md., has hired three new producers in its capital markets group.

Bank of America Corp. (BAC) is preparing to sell off hundreds of foreclosed homes in bulk as part of its ongoing effort to clear out its inventory of distressed assets.

Mortgages slightly outperformed through Thursday as investors took advantage of cheapening that occurred in the early part of the week.

JPMorgan Chase reclassified $1.6 billion of mortgages as nonperforming loans at the urging of regulators — even though the loans are still in good shape, executives said Friday.

Charles Plosser, the president of the Federal Reserve Bank of Philadelphia, on Thursday sided with top regulators in saying they were unlikely to complete the Volcker Rule by its summer deadline."It is not clear at all that we will make the July deadline given the complexities," Plosser told reporters following a speech before the National Economist Club.

Total SLABS year-to-date issuance is $3 billion this year. which includes the most recent Sallie Mae offering, Standard & Poor's analysts said in an emailed market summary this morning.

It's no secret that nontraditional players have been gobbling up mortgage servicing rights on the cheap, shifting the power structure in a business that has rapidly seen its fortunes wane during the nation's housing depression.