JPMorgan Chase started marketing a variety of non-agency MBS over the past two weeks, including its first deal stocked with non-QMs for primary residences.

PennyMac looks to re-enter the jumbo MBS market after last issuing a deal in 2013.

Dart Bank’s wholesale division launched a new jumbo product.

Conforming loan limits increasing by 5.2% in 2025; A&D Mortgage using AI to help brokers understand non-QM guidelines; Splitero expands, inks agreement with investment firm.

Non-agency jumbo originations increased during the third quarter of 2024, though not enough to keep pace with the broader market. (Includes data table.)

Industry watchers said potential changes at the GSEs under the new Trump administration could lead to challenges for the secondary market.

The non-agency securitization market has picked up pace over the past two weeks as issuers prepare to close deals before the end of the year.

Redwood Trust reported a slight dip in earnings from the second to the third quarter due to rate volatility among loans in its portfolio.

Chase continues to push for ways to leverage its mortgage lending platform to bring in high net worth individuals to the bank.

The seasonal decline in purchase-mortgage originations and interest rate trends will likely prompt jumbo lending to slow in the fourth quarter.