Some 10.1% of loans in the deal are in forbearance and another 1.8% have received deferrals.

United Wholesale sold $5.74 billion of jumbos to unaffiliated non-agency buyers in 2019.

Nearly 8% of mortgages in the MBS are in forbearance, though all of the borrowers are current on their payments.

Roughly $8.04 billion of non-agency MBS backed by new production was issued in the second quarter, down 39.0% from the first three months of the year.

Velocity sold two unrated MBS in recent months and now plans to focus on restarting originations.

The bulk of non-QM originations come through mortgage brokers and the retail channel.

The average interest rate on 30-year fixed-rate mortgages could fall below 3.00% later this year, according to Freddie Mac's chief economist.

DBRS Morningstar edged out Kroll Bond Rating Agency as the top firm in rating non-agency MBS in the first three months of the year.

The revival included first-time EC MBS issuers as well...

And the good news? The company is once again originating (after suspending production in the spring) but only for Fannie Mae, Freddie Mac and FHA/VA products.