PennyMac has marketed an average of one non-agency MBS with GSE-eligible mortgages for investment properties per month since November.

Nonprime servicing volume among companies in the analysis has increased every quarter since 2020.

The AG claims HEIs are comparable to reverse mortgages and should be regulated as such.

Demand for both purchase mortgages and refinances increased last week.

Chase was one of only three lenders among the top 10 to post a decline in non-agency jumbo production on an annual basis.

“We continue to see nearly zero [non-QM] loans hit the liquidation stage,” dv01 said.

“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.