Correspondent lenders took some market share from both the retail and broker channels in the nonconforming market in the third quarter. (Includes two data tables.)

Oaktree expects market share for correspondents in the non-qualified mortgage market to grow next year.

A&D Mortgage’s new AI chatbot will allow brokers to get real-time answers to questions regarding non-QM guidelines.

Shellpoint handled servicing on 32.3% of the non-agency MBS issued during the third quarter. (Includes data table.)

Lenders in the fix-and-flip market believe the real estate investment market is showing positive signs for next year.

JPMorgan Chase started marketing a variety of non-agency MBS over the past two weeks, including its first deal stocked with non-QMs for primary residences.

SFA seeks feedback on data tape standards for prime non-agency MBS; MCT plans to use FICO 10 T scores for whole loans and MBS sold through its platform.

Rising home equity and strong investor demand should help lenders boost their HELOC, CES and HEI lending in 2025.

The fastest-growing sectors of the MBS market in the third quarter were Ginnie Mae and the non-agency market. Banks, foreign investors, money managers and insurance companies easily offset the slow decline in the Fed’s portfolio. (Includes two data tables.)

The Supreme Court’s decision to let a lower court’s ruling stand allows the bureau to watch over certain ABS market participants.