The bulk of the loans in the MBS are from Associated Bank.

Delinquencies on loans in non-agency mortgage-backed securities declined on a monthly basis in April.

Ellington Financial is making investments in lenders that originate non-QMs.

The MBS Annaly started marketing in early April went through at a spread that likely wouldn’t have been achievable as recently as three years ago, according to officials at Annaly.

Locks for purchase mortgages were essentially level on a monthly basis in May, according to Mortgage Capital Trading.

SPS handled servicing for 30.1% of all non-agency MBS issued in the first quarter.

Volume was up 43.3% from the fourth quarter of 2024.

The firms acquire non-agency mortgages and own stakes in non-agency lenders.

“We do believe that tariffs overall will be finalized... and I actually think interest rates will go down because of it,” said Mat Ishbia, chairman and CEO of United Wholesale Mortgage.

Another contributor: Issuers were slightly faster at packaging new non-agency production.