Affluent homebuyers are choosing all-cash deals over mortgage financing to avoid the high-interest rate environment.

United Wholesale Mortgage remained the top contributor to jumbo MBS in the third quarter, though other lenders gained market share. Large nonbanks and a wide number of smaller lenders have been contributing collateral for jumbo MBS. (Includes three data tables.)

Redwood Trust grew its loan selling partnerships with banks over the course of the third quarter of 2023.

Redwood Trust has increased its partnerships with banks as it expands its jumbo mortgage acquisitions in the third quarter.

Redwood Trust spilled red ink in the third quarter but expanded its jumbo portfolio and bank partnerships over the last three months.

NP launches new jumbo program; Kiavi closes $275 million RTL securitization; Xome launches investment property market educational game; SunWest debuts DSCR loan product.

New jumbo issuance from Chase, Goldman Sachs and Redwood Trust kick off the fourth quarter.

The retail channel accounted for 85.9% of jumbo originations in the first six months of the year among a group of major lenders tracked by this newsletter, up from 80.2% in the first half of 2022. (Includes data chart.)

A rising home price disparity may lead to an increase in jumbo loan limits.

Chase tops the competition in the jumbo servicers market in the second quarter of 2023.