Total non-agency mortgage-backed securities servicing volume increased by 12.9% during the third quarter, with nearly $34 billion of non-agency MBS servicing assigned. (Includes data table.)
As non-qualified mortgage loans are becoming more prevalent, warehouse lenders are considering new ways to fund the sector, according to Jon Ruiss, a partner at the law firm of Alston & Bird.
Chimera Investment took a loss of $580,000 in the third quarter of 2025 due to an increase in expenses related to its acquisition of HomeXpress Mortgage.
Knock launches bridge loan product; Arrive Home expands Earned Equity Program; Angel Oak launches a rental AVM; Foundation Mortgage hires Samuel Bjelac.
During the third quarter of 2025, Pennymac once again passed JPMorgan Chase as the largest contributor to prime non-agency mortgage-backed securities. (Includes three data tables.)