Ellington Financial plans to increase non-agency issuance. The real estate investment trust last month issued its first non-QM MBS in over a year.

Computershare recently started offering trustee services for MBS. Western Alliance was named as a trustee for a CLO deal.

About a dozen firms currently originate HEIs in more than 30 states, according to Morningstar DBRS.

A proposal from the Urban Institute calls for a revamp of the refi process to make it more equitable for lower-income borrowers and borrowers of color.

The top higher-priced mortgage lender in 2023 was 21st Mortgage, with $2.55 billion in volume.

Issuance of prime non-agency MBS in the first quarter of 2024 was driven by jumbo mortgages, though volume involving GSE-eligible mortgages also increased.

Non-agency MBS issuance more than doubled on a sequential basis in the first quarter of 2024, with jumbo mortgages making up the majority of loans in the deals. (Includes three data tables.)

The securitization market is favorable for non-agency mortgages, aggregators and originators noted during first-quarter earnings calls.

Originations of higher-priced loans, a proxy for subprime mortgages, declined in 2023 but held up better than total originations. (Includes two data tables.)

The real estate investment trust reported a jump in net income for the first quarter, helped by a rise in lending partnerships with banks.