The impairment rate on non-qualified mortgages increased by 51 basis points in February, driven by a mix of higher new impairments and further deterioration in cure and made-payment rates, according to dv01.

Lenders are expected to increase production of prime jumbos, non-QMs and home equity loans in the coming year.

The potential privatization of the GSEs has led more lenders to consider the acquisition of non-QM brokers, but the challenges in the market may cap deals.

The bank's president said, "Our pipelines remain full, so we expect to continue to see loan growth."

The community development financial institution won a lawsuit against its former chief of staff, Adam Levine, over a multi-million-dollar extortion scheme.

An Oregon-based distillery infused a mortgage business into its line of companies in a bid to diversify its profits.

Issuance of MBS with non-qualified mortgages is growing even as insurance companies increase their purchases of non-QMs as whole loans. Investor demand for the products looks likely to remain strong.

Life insurance companies are increasingly looking to expand their capital allocation in non-qualified mortgage investments, according to Angel Oak Capital.

Improvements in non-QM underwriting standards are helping to stabilize loan performance.

Delinquencies on non-QM loans are increasing despite servicers’ best efforts to ensure borrowers don’t go into foreclosure.