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

HomeLend, which aims to increase liquidity in the mortgage market, completed a new investment round.

Click n’ Close expands shared appreciation mortgage product offering; and Kiavi promotes Tim Lawlor to the post of chief financial officer.

JPMorgan Chase remained the top issuer of non-agency MBS in the third quarter, increasing its issuance by 25.8%. (Includes data tables.)

The move aims to bring Maxex’s jumbo program more in line with conventionally underwritten loans.

Noncore products include conforming jumbos, investor loans, cash-out refis and mortgages for second homes. (Includes data table.)

Brokers took ground in nonconforming loan originations from retail and correspondent lenders during the first half of 2024. (Includes two data tables.)

As in previous years, several large lenders have announced increases to conforming loan limits ahead of the FHFA’s official release. However, this time there’s a risk that some lenders overshot where conforming loan limits will be set in 2025.

Originations of non-agency jumbo mortgages increased by nearly 60% on a sequential basis in the second quarter. (Includes data table.)

Angel Oak promotes a slate of employees; JPMorgan Chase working on a security backed solely by adjustable-rate mortgages.