Originations of non-agency jumbo mortgages declined by 18.2% on a quarterly basis in the first quarter of 2026. (Includes one data table.)

The denial rate on jumbo mortgages fell to 12.1% in 2025, down from 13.0% in 2024. (Includes one data table.)

Correspondent sales of jumbo mortgages increased by 39.7% on an annual basis in 2025. (Includes two data tables.)

The annual adjustment that FHFA makes to conforming loan limits presents opportunities and challenges for jumbo lenders, according to new research.

Non-agency jumbo mortgages gained market share with production up nearly 40% on an annual basis in 2025. All but one of the top 10 non-agency jumbo lenders reported year-on-year increases. (Includes data table.)

Originations of non-agency jumbo mortgages declined by 6.4% during the third quarter of 2025. (Includes data table.)

Originations of non-agency jumbo mortgages increased by nearly 60% in the second quarter of 2025. All of the top 50 lenders increased their jumbo originations compared with the first quarter. (Includes data table.)

Issuance of prime non-agency mortgage-backed securities reached $11.0 billion during the second quarter of 2025, a 6.5% increase from the first quarter. Some $7.95 billion were jumbo mortgages. (Includes three data tables.)

A cornucopia of non-agency MBS hit the market in early July.

Retail lending among lenders in the analysis declined sharply during the first quarter while the correspondent and broker channels posted more modest declines in nonconforming production. (Includes two data tables.)