Jumbo mortgages

The cost of capital and regulatory compliance has convinced the top four banks that making home loans to American families is not worth the risk.

The Detroit company is plowing ahead with its growth strategy at a time when some shareholders are agitating over its sagging share price.

Higher refinancing activity helped fuel an increase in overall application activity for the week ending Feb. 5, according to the Mortgage Bankers Association.

Clayton Holdings has been selected by Angel Oak Capital Advisors to be the representation-and-warranty reviewer for a $150.4 million private-label securitization of nonprime loans.

WinWater Home Mortgage's first prime jumbo securitization of the year is backed by a mix of 15-year and 30-year loans, according to DBRS.

A drop in interest rates due to global economic worries fueled an increase in mortgage applications last week, according to the Mortgage Bankers Association.

The first three transactions of U.S. prime jumbo residential mortgage bonds issued since the financial crisis have been called without any loss, Fitch Ratings reported Monday.

BankUnited of Miami Lakes, Fla., has exited the retail mortgage origination channel.

Mortgage applications increased 21.3% on a seasonally adjusted basis for the week ending Jan. 8 compared to a week earlier, according to the Mortgage Bankers Association.

Two Harbors is marketing its first residential mortgage securitization of the year, according to Fitch Ratings.