JPMorgan Chase is apparently warming up to the idea of financing non-qualified loan originators, according to at least two industry officials who claim to have knowledge of the matter.
In just over two weeks, the first quarter will come to an end with many conventional lenders closing the books on what likely was a trying three months — one shaped by lower originations, tight profit margins and worries about the future.
The average daily trading volume in agency MBS totaled $229.9 billion in February, an 8.5% sequential decline from the previous month, according to figures compiled by the Securities Industry and Financial Markets Association.