Redwood Trust and an affiliate of AmWest Funding are in the market with separate non-agency MBS.

Ellington Financial is set to issue a non-agency MBS with GSE-eligible mortgages originated by Pennymac.

Didi Parks, vice president of national accounts at Incenter Diligence Solutions, a third-party review firm, said it’s important that originators offering a new product ensure their staff is well trained, because if not all underwriting requirements are met, the originator could take pricing hits or might not be able to sell the loans at all.

The GSEs plan to announce a new adoption date for the Uniform Closing Dataset during the fourth quarter of 2026.

The retail channel’s share of nonconforming mortgage originations ticked down in 2025, to 68.2% from 68.8% in 2024.

“30+ day impairments soared 51 basis points month-over-month in February, marking the largest monthly increase outside of COVID and Sunday month-end effects,” according to dv01.

The lender took an $8.4 million loss in the fourth quarter of 2025, more than double the loss it posted in the previous quarter.

The share of first-lien originations that were adjustable-rate loans increased by 320 basis points in 2025, according to a recent Inside Nonconforming Markets ranking and analysis.

Some $279.0 billion of home equity loans were originated in 2025.

Nine expanded-credit MBS deals hit the market this week. The number the week before: one.