JPMorgan Chase led servicers of jumbo mortgage in the second quarter with a 22.7% market share. (Includes data chart.)

The jumbo mortgage sector is evolving as the cost of higher-priced homes has continued to grow exponentially.

Chase teamed with Blackstone for a $308.1 million non-agency MBS backed by mortgages for investor properties.

Altisource Asset Management is considering changes to its non-agency origination business as losses pile up. Alternatives under consideration include a sharp pivot to electric vehicle charging.

A new report from fix-and-flip lender Backflip details how its loans can help create more equitable lending practices.

A slew of non-agency MBS hit the market; Roc360 forms a real estate investment trust; Deephaven Mortgage launches second mortgage product.

As interest rate volatility rocks the secondary market, industry leaders are working on building strong relationships with loan officers.

Mortgage Bankers Association President Bob Broeksmit decried the proposed higher capital requirements for large banks at an MBA conference.

The lawsuit focused on whether $75 million of deferred principal payments owed by borrowers who had entered into loan modification programs following the 2008 financial crisis should factor into the clean-up call price of MBS held by Deutsche Bank.

Mortgage Bankers Association President and CEO Bob Broeksmit said the proposed capital requirements don't address the reasons banks failed earlier this year.