Growth in first-lien holdings occurred outside of the top three banks, which all shrank their portfolios in the second quarter.

The new HEI securitization has borrowers with slightly better average credit scores compared to an issuance in April.

Carlyle, an investment firm, agreed to purchase up to $300 million of Unison's new equity-sharing mortgage products.

The issuance will bring Rocket’s securitization volume of closed-end second liens to $3.30 billion this year.

After issuing a final rule on open banking, the CFPB plans a follow-on rule for open banking with mortgages.

Originations of both non-agency and conforming jumbos were up in the second quarter of this year.

“The potential for growth of the sector is massive,” said Sainadh Polisetty, a senior vice president of investments at One William Street Capital Management.

MFA Financial, Rithm Capital and Annaly Capital Management all started marketing new non-agency or jumbo MBS deals this week.

Among a group of 20 prominent nonprime servicers, portfolios increased by 0.6% in the second quarter.

The Loan Store acquired Homepoint Financial’s wholesale lending operations last year.