First Guaranty Mortgage Corp., which is owned by PIMCO, has its eye on non-QM lending of $1.0 billion…

The company also disclosed home equity production of $3.0 billion during the period compared to $2.5 billion in the third quarter.

Fun fact: Expanded-credit MBS accounted for 66.6% of non-agency issuance in 2019, compared with 43.7% in the previous year.

Citi's retail mortgage originations increased by nearly 80% in 2019 while First Republic's production was up by more than 50%.

According to figures compiled by Inside Mortgage Finance, all home lenders produced $700.0 billion of product in the third quarter. If the rest of the industry’s results emulate the numbers reported by Wells and JPM, it’s entirely possible that 4Q may have been better than many analysts predicted.

The IPO of nonprime lender Velocity Financial could price later this week or next…

Including securities backed by FHA home-equity conversion mortgages, total Ginnie single-family MBS issuance hit $508.62 billion, also a record.

However, agency MBS was the star of the structured finance show in 2019…

As we reported a few weeks ago: Angel Oak Mortgage Solutions, a third-party non-QM lender, anticipates boosting loan originations by 66% next year to $5 billion…