Non-agency originations of higher-priced mortgages declined to $32.29 billion in 2025. The loans accounted for just 1.7% of total originations last year. (Includes two data tables.)

Officials at Figure Technology Solutions see home equity lines of credit as a way to get into the residential mortgage market. They plan to expand into other offerings.

Started by a longtime participant in the non-agency market, Income Engine aims to help loan originators qualify borrowers for non-qualified mortgages.

Morningstar DBRS confirms Acra Lending’s originator ranking; Redwood Trust prices $125.0 million debt offering.

Real estate investor sentiment plummeted in the first quarter of 2026 to the lowest level in the 11-quarter history of the survey, according to a recent survey from RCN Capital.

The outlook among real estate investors is at its lowest level in the last three years, due in part to the war in Iran.

Market turmoil, the COVID-19 pandemic and other challenges finally pushed Impac Mortgage Holdings to file for Chapter 11 bankruptcy in April.

Analysts at Goldman Sachs noted in a recent report that issuers who move forward with a clean-up can see improved economics by issuing new deals with seasoned mortgages.

Non-agency MBS stocked with loans called from previous issuance could provide attractive opportunities for investors, according to Goldman Sachs.

Kin Insurance issued a $335 million catastrophe bond last week, its largest offering to date.