Unlike other AI guidance tools, the new mortgage-specific framework launched by MISMO is designed for organizations without big risk-focused teams.

The fees for early payoffs are only available for non-owner-occupied loans. The convexity profile they create for non-agency loans makes them attractive to MBS investors.

Three new credit risk transfer deals from banks covered a variety of loan types.

Next week the Federal Open Market Committee will meet for the first time since Kevin Warsh took over as Fed chair.

Hedging could lessen the shock of prepayments for large banks holding mortgage servicing rights. There aren’t similar offsets, though, to mitigate a surge in defaults, according to research from the Fed.

Lenders denied 12.1% of applications for jumbo mortgages in 2025.

The bank originated $7.34 billion in jumbos in the first quarter, a 22.9% decline from the fourth quarter of 2025, according to a new analysis and ranking by Inside Nonconforming Markets.

Originations of non-agency jumbo mortgages declined by 18.2% on a quarterly basis in the first quarter of 2026. (Includes one data table.)

Two of the largest expanded-credit MBS seen thus far in 2026 hit the market recently, with investor demand remaining strong.

With more demand than supply, interest rates on DSCR mortgages are converging with agency rates.