Lone Star shifted from relying on Caliber to other lenders for loans going into non-agency MBS.

Chase is marketing a $1.61 billion deal with prime jumbos and a $566.4 million security with investment-property loans, many of which were eligible for sale to the GSEs.

Lenders are seeing increased demand, and many have loosened underwriting standards, helping to boost volume.

Restrictions placed on the GSEs earlier this year by their regulator are prompting loan aggregators and lenders to sell agency-eligible mortgages for investment properties into the non-agency market.

Non-QM lender Angel Oak is looking to crank up originations...

Third-party due diligence reviewers are swamped.

The issuance is the first of the year from Goldman with GSE-eligible mortgages for investment properties.

Production of jumbos and expanded-credit mortgages spiked while agency lending deflated.

Previously, Annaly was predominantly sourcing non-QMs from aggregators rather than directly from lenders.

The top contributor to both MBS is CrossCountry Mortgage.