Lloyds Banking Group plans to auction about $8.7 billion of U.S. mortgage securities without government backing that were issued before the credit crisis.
The rising tide also include competitors CoreLogic and Ellie Mae.
Nationstar Mortgage is financing nearly 60% of KB Homes new orders.
JPMorgan has another prime jumbo mortgage-backed securities deal in the pipeline, according to three companies presale ratings reports.
One poster says that brokers should expect wholesalers to trim the number of originators they have approved.
Ellington Management Group is looking to get into the loan production business and towards that end it has hired former GMAC Mortgage executive Steven Abreu as head of mortgage originations.
New Residential Investment Corp. has invested $38 million to acquire certain cash-flow privileges from mortgage servicing rights recently acquired by Nationstar Mortgage.
Home prices jumped 1.3% from February to March as the spring home buying season got off to a good start.
Potential homebuyers are worried about the inventory shortage and rising prices in regards to current market conditions.