The Canada Pension Plan Investment Board manages a pension fund with $448.1 billion in holdings.

Invictus has an MBS with non-agency mortgages for investment properties, Figure is marketing a HELOC securitization and Rocket is offering a closed-end second deal.

Jumbo mortgages accounted for 14.7% of total first-lien originations in 2023, the lowest share for the sector since 2010.

A decrease in competition from banks is helping Velocity Financial with business purpose loans.

President Biden proposed a tax credit of $400 a month to put toward a mortgage.

Production of expanded-credit mortgages declined 16.9% last year, while total first-lien originations dropped 40.6%.

Neuberger Berman last issued an expanded-credit MBS in August 2022.

The REIT associated with Angel Oak companies reported a profit for 2023 after taking losses in the prior year.

Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.

Pooja Pathak, a director at Metlife, an insurance company, said more non-QM assets are needed to meet demand from insurance companies, which are willing to pay a premium for the product.