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.

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.