A new analysis of HMDA data provides some insight on borrowers who received jumbo mortgages last year. The median property value securing jumbos originated: A cool $1.17 million.

Only four deals were issued during the second quarter as industry participants dealt with volatility from the coronavirus. (Includes two data charts.)

A proposal by the FHFA regarding capital requirements could help non-agency execution options better compete with the GSEs due to an expected increase to the guarantee fees charged by Fannie and Freddie.

An estimated $65 billion of ARMs (remember them?) were originated in the second quarter, up 10.2% from 1Q20. (Includes data chart.)

MFA was one day away from pricing its first non-QM MBS in March when volatility from the coronavirus struck. Result: deal scuttled but there's a happy ending: the REIT finally issued its first non-QM MBS this week.

Non-agency loans in forbearance decline; Moody's downgrades JPM's jumbo-mortgage aggregation unit; Pacific Private Money issues MBS backed by  bridge loans.