The first non-QM MBS from Credit Suisse's DLJ Mortgage Capital relied solely on loans from AmWest Funding. The new security from DLJ is backed by product from multiple lenders.

Special statutory provisions establish different GSE loan limit calculations for Alaska, Hawaii, Guam, and the U.S. Virgin Islands. 

Recently, Sachem came to market with $30 million of short-term notes priced at 6.88%. In the third quarter the publicly traded REIT posted a net profit of $2.1 million.

In the third quarter, the market leader was Citibank, followed by Angel Oak, Redwood Trust, Citadel Servicing Corp. and U.S. Bank Home.

Previous MBS from Neuberger Berman included investment-property mortgages underwritten using rental income...

“The appetite in the secondary market for non-QMs is insane,” said Shea Pallante, an executive vice president at the Long Island-based Sprout Mortgage...

Along with the increase to the baseline limit, caps on Fannie Mae, Freddie Mac and government-insured loans in high-cost areas would also rise, to as much as $760,000…

Citadel Servicing Corp. ranks among the top 10 originators of non-QMs but to date, the privately held firm has never issued its own MBS...

The $533.5 million issuance will be the largest post-crisis non-agency MBS backed by mortgages for investment properties.

Professionals familiar with the product say investment-property loans underwritten using debt service coverage ratios are easier to underwrite than mortgages made to self-employed borrowers using bank statements...