FHFA’s increase of fees on GSE mortgages for second homes could shift some volume into the non-agency market. Demand for second homes is also increasing.

Non-agency mortgages, both jumbos and non-qualified mortgages, look promising to Western Alliance Bank as margins on conventional-conforming loans compress and production falls.

Milo Credit is offering a mortgage that allows borrowers to qualify solely by pledging Bitcoin. The lender’s asset treatment of Bitcoin varies significantly from how the GSEs view borrowers with cryptocurrencies.

Chase issuing large jumbo MBS; more prime non-agency MBS; Velocity Financial originations hit a record in the fourth quarter; Boston Lending issues non-agency MBS with proprietary reverse mortgages; few FHA/VA mortgages make it into the non-agency market.

The first non-agency MBS issued by a Community Development Financial Institution includes loans that didn’t require verification of borrower income or employment.

The bank’s fourth-quarter lending was flat, but it had record level originations for the year and expects volume to increase in 2022.

Strong home price appreciation helped push some GSE conforming jumbos into the non-agency market. Are loans for second homes next? (Includes data chart.)

The California-based mortgage lender has a new CEO and plans to increase its non-QM production and issue MBS.

UWM’s new jumbo promises its lowest interest rate yet, while Arc Home’s offer includes investment-property loans with balances of up to $2.0 million.

The upfront fees the GSEs charge for conforming jumbos and mortgages for second homes are set to increase. Some volume in those products will likely flow into the non-agency market.