Issuance of prime non-agency mortgage-backed securities bounced back after a dismal fourth quarter, but activity was well below the highs of the first quarter of 2022. (Includes three data charts.)

The sale of First Republic Bank to Chase has opened a door for nonbanks hoping to expand in the jumbo market.

Redwood envisions a strong year for its jumbo conduit businesses amid turmoil in the bank sector.

Annaly Capital Management plans to increase dedicated capital for its residential credit business with an emphasis on taking banks’ expanded-credit loans.

Sales of jumbo mortgages through the correspondent channel plummeted in 2022 as elevated interest rates cut into production. (Includes data chart.)

A growing community of non-QM lenders are providing funding for people working in the cannabis industry who can’t get traditional financing.

Shellpoint Mortgage Servicing lost a small share of servicing for non-agency MBS deals based on issuance in the first quarter of 2023 as servicers experience consolidation to kick off the year. (Includes data chart.)

Angel Oak Mortgage operated at a breakeven level in the first quarter despite increased activity in new loan purchases and securitization.

Three new MBS hit the market; non-QM impairments declined in March; Impac Mortgage delisted from NYSE.

Resuming purchases of newly originated loans and taking part in a January securitization, Angel Oak Mortgage experienced a slight boost to start the year.