The non-agency securitization market has picked up pace over the past two weeks as issuers prepare to close deals before the end of the year.

Securitization could be used to boost liquidity for CDFIs, but challenges exist for the institutions to enter the secondary market.

Purchase-mortgage volume grew faster than refi activity in non-agency MBS issued during the third quarter. (Includes three data tables.)

Redwood Trust reported a slight dip in earnings from the second to the third quarter due to rate volatility among loans in its portfolio.

Aggregators saw increased investor demand for securitizations of business-purpose loans in the third quarter.

The business-purpose lender is moving away from multifamily project lending to focus on single-family fix-and-flip loans.

Non-agency MBS issuance picked up prior to the election then paused for about a week. Redwood ended the lull.

Unison home equity sharing agreements now available in Oregon; Rain City issues $200 million RTL securitization; Visio Lending offers discount on short-term rental loans; eRESI raises new funding from insurance companies.

Annaly Capital Management increased its non-agency correspondent activity during the third quarter.

The seasonal decline in purchase-mortgage originations and interest rate trends will likely prompt jumbo lending to slow in the fourth quarter.