The bottomline: The current QM standards, including the GSE patch, will remain in effect.

MFA Financial took a large loss in 2020. Overall, the company didn't acquire many non-QMs during the fourth quarter...

Attorney Brian Johnson of Alston & Bird: "It is entirely possible that under new leadership the agency would choose to adjust or rescind certain aspects [of the rule]...”

Some $2.96 billion of originations by Angel Oak were included in expanded-credit MBS last year.

Moody's: “This deal is unique in that the source of payments for the notes will be JPMorgan Chase Bank’s own funds, and not the collections on the loans or note proceeds held in a segregated trust account."

In mid-January, Charles Scharf, president and CEO of Wells, had indicated the bank was ready to resume activity on correspondent basis, but was noncomittal.

The characteristics of the mortgages are similar to the types of jumbos Flagstar was securitizing before the market was disrupted last year...

FHFA extended various origination flexibilities related to GSE mortgages through the end of March.

The decline was largely tied to income from investments while Redwood's lending units are generating returns above 20%.