“I think that the bid for the whole loan itself and the ability to have a lot more control and cherry pick what you want on your balance sheet has been very strong,” an executive at a major life insurance company said.

Originations of agency high-balance mortgages increased by 48.6% to $53.83 billion in 2024.

Anthony Hsieh, chairman, founder and controlling shareholder of loanDepot, is returning to senior leadership as executive chairman of mortgage originations at the nonbank.

Goldman issued a similar deal with home equity lines of credit in October.

Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.

The first Trump administration didn’t take many actions to boost the non-QM market, so the outlook is murky.

A decline in interest rates helped to increase demand for refis and purchase mortgages last week.

The REIT earned $28.8 million in 2024.

Four deals started marketing Monday, including three expanded-credit MBS.

Fannie Mae is set to issue a credit risk transfer deal tied to a pool of mortgages with an unpaid principal balance of $17.0 billion.