The active non-QM funders include ACC Mortgage, A&D Mortgage, First National Bank of America, Newfi Lending and Silvergate Bank. (Silvergate, up until recently, was also a warehouse provider of non-QM products.)

Impac had hoped to resume lending again after a shutdown of two weeks. But that was then...

Ocwen said it received written notification on the violation from the NYSE on April 8.

Among the two largest firms that originate jumbo mortgages through correspondents, Chase is still active while Wells Fargo is on hiatus...

Since going public earlier in the year, Velocity Financial's share price has cratered...

Sources contend that other banks might follow Wells' lead but as the weekend approached, the situation was fluid, to say the least.

Redwood has been able to meet margin calls but is selling mortgage securities at a loss.

Some good news: The top five producers of jumbo mortgages all continue to originate the loans, despite the market turmoil caused by the coronavirus...

Keefe, Bruyette & Woods said the dividend cut is in line with expectations. "However, we think investor focus remains on the company's ability to finance its non-agency MBS."

Angel Oak Mortgage Solutions laid off roughly 70% of its 275 employees as non-QM originations have stalled due to economic fallout caused by the coronavirus.