AGMIT is pulling back from aggregating agency-eligible investor loans and putting a focus on home equity lending programs.

Life insurance companies are increasingly looking to expand their capital allocation in non-qualified mortgage investments, according to Angel Oak Capital.

Banks and thrifts grew their first-lien portfolios from March to June despite a decline in portfolio sizes of some of the largest depositories. (Includes data table.)

Sticky inflation and an expectation for future rate cuts caused the REIT to decrease its non-agency loan holdings in the second quarter.

Banks and thrifts held $2.52 trillion of first liens in portfolio as of the end of the first quarter, unchanged from year-end.

Despite slight declines in portfolios among the top jumbo servicers, servicing volume for the jumbo market stayed relatively flat from the fourth to the first quarter. (Includes data table.)

Both the prime jumbo non-agency MBS market and the expanded-credit sector posted sequential increases in issuance in the first quarter. (Includes data tables.)

William Erbey was named new CEO of AAM late last year and is guiding the company away from non-agency conduit activities to focus on EV technologies.

Higher interest rates and tighter lending standards led to a decline in income at the business-purpose lender.

Mortgage holdings at banks increased last year despite mixed results at the largest depositories, including a decline at Wells Fargo. The ARM share also increased somewhat. (Includes data table.)