The appointment of mortgage tech industry veteran Daniel Sogorka comes as Informed seeks to expand its business beyond auto lenders.

Jumbo servicing declined during the second quarter at Bank of America, Chase and Wells Fargo.

Stricter condo lending standards at Fannie Mae and Freddie Mac could drive some borrowers to the non-agency market.

In the second quarter, all but four of the 50 largest jumbo lenders posted increases in originations.

Non-agency jumbo mortgage production increased by 25.0% on a quarterly basis in the second quarter to an estimated $90.00 billion. (Includes data table.)

With stricter condo lending requirements at the government-sponsored enterprises, more projects may be considered non-warrantable, pushing more business to the non-agency side of the market.

The $3.2 billion all-cash transaction is expected to close in the fourth quarter.

The volume of jumbo mortgages handled by 30 major servicers increased by 1.1% from the end of March to the end of June. (Includes data table.)

Figure Technology Solutions is on track to close the Kiavi acquisition in the second half of 2026 and plans to use its technology to develop standardization for the residential transition loan space.

The judge rejected three arguments by the company to pause a lawsuit regarding Unison’s home equity investment practices.