The planned $560.4 million issuance is the largest CES securitization yet from the nonbank, which started issuing deals in April.

The largest securitization in the batch is a $654.4 million prime non-agency MBS with loans originated by JPMorgan Chase Bank.

The top five jumbo producers in the first half were all federally insured depositories.

Nonconforming products accounted for 21.2% of first-lien originations in the second quarter, according to a new analysis by Inside Mortgage Finance.

Knock and Arixa separately issued their inaugural securitizations, with strong demand from investors.

UWM contributed to three non-agency MBS that started marketing Thursday.

PennyMac Loan Services accounted for 40.8% of the planned $356.1 million issuance, followed by Rocket Mortgage with a 32.8% share and Newrez with a 24.2% share.

Stephen Miran, President Trump’s nominee to fill a vacant governor position at the Federal Reserve, said he intends to preserve the Fed’s independence if confirmed for the position.

Expanded-credit MBS marketing had paused after Aug. 22.

Demand for purchase mortgages declined last week even as interest rates on mortgages moved down.