JPMorgan Chase was in a league of its own in the prime non-agency mortgage-backed securities market last year, with more than double the volume of its nearest competitor. (Includes three data charts.)

The first non-agency MBS issued by a Community Development Financial Institution includes loans that didn’t require verification of borrower income or employment.

The bank’s fourth-quarter lending was flat, but it had record level originations for the year and expects volume to increase in 2022.

Strong home price appreciation helped push some GSE conforming jumbos into the non-agency market. Are loans for second homes next? (Includes data chart.)

The California-based mortgage lender has a new CEO and plans to increase its non-QM production and issue MBS.

Recent non-agency MBS include the year’s first expanded-credit MBS, plenty of prime deals and even a security with proprietary reverse mortgages.

UWM’s new jumbo promises its lowest interest rate yet, while Arc Home’s offer includes investment-property loans with balances of up to $2.0 million.

A&D Mortgage receives servicer rating; Bayview buys operator of “We Buy Ugly Houses;” Redwood invests in firm that applies AI to photos from real estate listings.

Issuance of non-agency MBS last year topped the volume seen pre-pandemic. Activity was concentrated on prime loans, both non-agency jumbos and GSE-eligible mortgages. (Includes data chart.)

The upfront fees the GSEs charge for conforming jumbos and mortgages for second homes are set to increase. Some volume in those products will likely flow into the non-agency market.