A new regulation in California will affect originations of business purpose loans. Other concerns include potential regulation of automated underwriting and rising costs for property insurance.

The mortgage marketplace and conduit is offering prime and non-QM jumbo products.

Loan balances on loans for investment properties increased in 2024.

Three issuers have started marketing non-agency MBS thus far in January, including two expanded-credit MBS.

Correspondent lenders took some market share from both the retail and broker channels in the nonconforming market in the third quarter. (Includes two data tables.)

Oaktree expects market share for correspondents in the non-qualified mortgage market to grow next year.

A&D Mortgage’s new AI chatbot will allow brokers to get real-time answers to questions regarding non-QM guidelines.

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.

An Oregon-based distillery infused a mortgage business into its line of companies in a bid to diversify its profits.

Changing market dynamics have impacted the types of investor loans offered by banks and nonbanks.