An estimated $94.00 billion of adjustable-rate mortgages were originated in the fourth quarter, up 20.5% from the third quarter. For the full year, volume shot up 44.7% to an estimated $298.00 billion. (Includes data table.)

In the month since announcing its partnership with Tradeweb, Maxex has seen growth in its digital exchange platform. The company also made updates to its non-QM Select 5 program.

If originators moving into the non-agency space are not careful with product types unfamiliar to them, there can be risk and operational ramifications downstream.

In 2025, the correspondent channel gained market share in the nonconforming market from the retail and broker channels. (Includes two data tables.)

The American Association of Private Lenders issued the alert because of concerns that the fraud patterns could be widely replicated.

The company’s Lone Star Residential Mortgage Fund IV aims to invest upwards of $10 billion in non-agency mortgages.

Huntington National Bank’s physician lending business expects growth in mortgage originations and has exhibited strong performance.

Non-QM impairments rise in February; new automated underwriting system for jumbos; Flourish Lending looks to help independent advisors compete with banks.

Non-agency jumbo mortgages gained market share with production up nearly 40% on an annual basis in 2025. All but one of the top 10 non-agency jumbo lenders reported year-on-year increases. (Includes data table.)

Market volatility and oil price shocks tied to the conflict in the Middle East are driving up interest rates on non-agency mortgages.