About a dozen firms currently originate HEIs in more than 30 states, according to Morningstar DBRS.

Federal banking regulators are still grappling with whether to re-propose a rule on capital requirements for large banks or to move on to a final rule.

The share of risk the government-sponsored enterprises is offering to investors is also on the rise.

Issuance of prime non-agency MBS in the first quarter of 2024 was driven by jumbo mortgages, though volume involving GSE-eligible mortgages also increased.

It’s the fourth securitization of seconds from the nonbank this year.

A big part of the gain in issuance came from deals backed by industrial properties...

“This is the most attractive time to be acquiring residential loans since I started in the market in 1991,” said Carl Bell, a senior managing director at Invictus Capital Partners.

The Irvine, CA-based lender has teamed up with a money manager to buy non-QMs.

To this point, access to Fannie's income-calculation tool was only available through third parties.

The increase was driven by purchase mortgages, with volume up 11.3% on a monthly basis to $67.87 billion.