Non-QM impairments rise in February; new automated underwriting system for jumbos; Flourish Lending looks to help independent advisors compete with banks.

While institutional investors and insurance companies have been increasing their allocations to whole loans, the infrastructure supporting those allocations hasn’t kept pace, the software company said.

Morningstar DBRS has proposed loosening its rating criteria for residential MBS, given the strong performance of loans originated after 2008.

Loans in the deal were largely originated by Huntington Bank. Banks traditionally hold so-called medical professional mortgages in portfolio.

Radian Group is in the process of closing its non-agency conduit rather than selling the unit.

Among the 50 largest jumbo lenders, 48 increased their non-agency jumbo originations during the fourth quarter of 2025.

Mortgages for medical doctors are usually retained in bank portfolios.

Newfi is looking for fill-ups or minority investment opportunities to grow its business.

Non-agency jumbo mortgages gained market share with production up nearly 40% on an annual basis in 2025. All but one of the top 10 non-agency jumbo lenders reported year-on-year increases. (Includes data table.)

Market volatility and oil price shocks tied to the conflict in the Middle East are driving up interest rates on non-agency mortgages.