Redwood Trust is putting more of an emphasis on acquiring and originating non-agency mortgages.

Deephaven Mortgage is helping to tackle the housing shortage through education and building investor awareness for non-agency products such as residential transition loans.

AG Mortgage Investment Trust and Chimera Investment are acquiring lenders that originate non-qualified mortgages.

Newrez, the mortgage-banking division of Rithm Capital, increased its non-agency production by 42% to $1.1 billion in the second quarter.

Angel Oak Mortgage REIT continues to package non-QMs into MBS and is expanding its acquisitions to home equity loans.

Brookfield Asset Management to pay $145.0 million for a 50.1% stake in Angel Oak Companies; A&D Mortgage launches jumbo product for borrowers seeking high-balance loans with flexible terms.

The shift comes amid a slowdown in home price appreciation. Officials at the REIT said aggregation volume remains steady.

As whispers of mortgage fraud are hitting Baltimore and surrounding markets, some lenders are acting with caution.

PennyMac continues to push ahead with non-agency MBS issuance despite volatility during the second quarter.

In a rare move for a bank, the majority of Royal Business Bank’s mortgages are non-QMs. The bank is headquartered in Los Angeles and operates across six states.