More high net-worth consumers are shunning jumbo mortgages and purchasing luxury homes in all-cash deals.

About 45% of Redwood's secondary-market partners are banks...

Rejection rates on jumbo mortgage applications increased last year even as application volume declined. (Includes data table.)

The real estate investment trust reported a jump in net income for the first quarter, helped by a rise in lending partnerships with banks.

Credit standards for jumbo mortgages loosened in March. The changes came as home prices continue to increase.

Redwood Trust touted a new partnership with the Canada Pension Plan Investment Board as one of the first steps to increasing its activity in joint ventures.

The jumbo market’s share of first-lien production narrowed in the fourth quarter of last year.

A sharp drop in jumbo originations in the fourth quarter of 2023 saw the sector’s market share of total first-lien originations narrow. (Includes data table.)

Angel Oak promotes chief investment officer; mortgage credit availability for jumbos drops in December; Logan Finance hires Paramount Residential Mortgage Group alumnus.

High interest rates and tighter credit boxes led to a decrease in originations of non-agency jumbos in the third quarter of 2023. (Includes data table.)