Money managers overweight with agency MBS are looking to reduce their exposure, creating new investment opportunities for other segments of investors.

Flexibility will be key for the industry moving into the November election and beyond, according to speakers at an MBA conference.

Some mortgage executives might be too optimistic about the prospects for originations growth following an interest rate cut later this year.

Mortgage technology providers believe originators should look to invest in new technology now before volume picks up later this year.

New construction will play a larger role in the purchase market over the next few years, according to Michael Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association.

Chase remained the top servicer in the group, handling $326.90 billion of jumbos as of the end of June.

Specified pools offer MBS investors a concentration in certain characteristics in contrast to homogenous MBS in the TBA market.

The top three five jumbo originators in 2Q24: Chase, Bank of America, U.S. Bank, UWM and Wells Fargo...

Originations of non-agency jumbo mortgages increased by nearly 60% on a sequential basis in the second quarter. (Includes data table.)

AOMR recently issued $50 million of senior unsecured notes to help replenish its stock of non-QM loans for securitization.