Jumbo Share of Originations Increases in First Quarter June 4, 2025 Brandon Ivey An estimated $49.0 billion of non-agency jumbos were originated in the first quarter of 2025.Read More
Big Hopes for Non-QM, but Small Turnout for MBA Session June 2, 2025 Abby Zimmardi “If you look at the issuance of 2025, I think we are surpassing the biggest year ever in securitization," said A&D's CEO.Read More
Short Takes: UWM Offering FHA, VA ARMs / Provident Sending GSE-Eligible Mortgages to Non-Agency MBS / Chase Revives Higher-LTV-Ratio Jumbo MBS Shelf / Few Homebuyers May 29, 2025 Brandon Ivey ARMs accounted for less than 1% of total FHA originations in 2024.Read More
Short Takes: FHFA to Take Action on Credit Report Costs / Purchase-Mortgage Applications Increase Despite Headwinds / MISMO Model Backward Compatible / Prepayment Rates on Non-QMs Increase May 28, 2025 Brandon Ivey FHFA will make “some decisions” regarding credit score costs shortly, according to Bill Pulte.Read More
Rocket Upsizes Securitization of Closed-End Second Liens May 23, 2025 Brandon Ivey Upsizing typically indicates exceptionally strong demand for a securitization.Read More
Higher-Priced Lending Increases Somewhat in 2024 May 23, 2025 Brandon Ivey Higher-priced mortgages accounted for 2.4% of total originations tracked in HMDA in 2024.Read More
Correspondent Sales of Jumbo Mortgages Surge in 2024 May 22, 2025 Brandon Ivey Correspondent sales of non-agency jumbo mortgages increased by 62.3% on an annual basis in 2024.Read More
Acra Looking for New CEO Amid Sale to BlackRock May 22, 2025 Paul Muolo Keith Lind was a managing director at HPS prior to joining Acra and he recently returned to HPS in a senior leadership role.Read More
Short Takes: Home Price Appreciation Slows / Limited Demand for Large Home-Improvement Projects / Applications Decline / Angel Oak Ramping Up MBS Issuance May 21, 2025 Brandon Ivey Annual home price appreciation in April 2025 increased at the slowest rate since 2012.Read More
Georgia Depository Goes Where Few Banks Wander: Non-QM Wholesale May 19, 2025 Abby Zimmardi American Pride Bank’s new unit is called APB Wholesale and has a keen focus on non-QMs.Read More