Ellington Financial is marketing a $450.7 million non-agency mortgage-backed security with mortgages for investment properties underwritten using debt service coverage ratios.

Pennymac issued an average of one non-agency MBS per month this year focused on GSE-eligible mortgages for investment properties. And Redwood is marketing its 13th jumbo MBS of the year.

Jumbos accounted for 15.1% of total first-lien originations in the third quarter, down from a 15.8% share in the second quarter.

The Office of the Comptroller of the Currency is looking into developing a “simplified strategic plan process” for community banks to comply with the Community Reinvestment Act.

Velocity Financial originated a record $739.0 million in business-purpose loans in the third quarter.

The conventional-conforming sector continued to account for the largest portion of originations, with a 52.2% share in the third quarter.

For one-unit properties, the baseline conforming loan limit will be $832,750 in 2026.

“Job gains in September, following the data blackout, are reassuring and suggest the economy is not slipping into a recession,” said Lawrence Yun, chief economist at the National Association of Realtors. “This may boost confidence in future homebuying.”

$YLDS availability on the Solana blockchain will allow investors in home loans to access credit in smaller, more fungible pieces, instead of waiting for securitizations or buying whole-loan pools.

Eight expanded-credit MBS hit the market this week, with a total unpaid principal balance of $3.38 billion.