RMBS

PHH Mortgage Corp. has entered into a strategic relationship to provide private-label end-to-end mortgage origination services and loan servicing to HSBC Bank USA.

CoreLogic has a new property data and analytics offering that provides enhanced insight to investors participating in the new GSE/Federal Housing Finance Agency (FHFA) REO-to-rental program and other similar private programs.

It's no secret that Fannie Mae and Freddie Mac are actively engaged in risk-sharing partnerships tied to their multifamily programs, but money-wise it amounts to a hill of beans.

Jules Kroll, a corporate investigations pioneer whose namesake firm once pursued hidden assets linked to dictators Saddam Hussein and Jean-Claude Duvalier, relishes the idea of chasing down the major bond rating agencies: Moody’s Investors Service, Standard & Poor’s and Fitch Ratings.

Ginnie Mae wants to provide more loan-level data to its MBS investors so they can determine if the underlying mortgages were originated through a mortgage broker or some other third-party channel.

Redwood Trust, the nation’s only active securitizer of Jumbo residential loans, posted stellar earnings of $30 million in the first quarter, a 66% jump from the same period a year ago.

The Federal Reserve just released a paper titled The Federal Reserve’s Portfolio and its Effects on Mortgage Markets. To access the full paper, please click here.

Nonbank trade groups are calling on the Consumer Financial Protection Bureau (CFPB) to narrow the definitions it will use to determine which nonbanks will be subject to federal supervision.

Home Loan Servicing Solutions (HLSS), a Grand Cayman-based company that was spun off of Ocwen in a Feb. 29 IPO, reported net income of $1.3 million for the first quarter.