Changes include a reduction of credit score requirements and an elimination of seasoning requirements for DSCR refinances.

“If you look at the issuance of 2025, I think we are surpassing the biggest year ever in securitization," said A&D's CEO.

A sea change in the housing market? Sellers outnumbering buyers?

This year is expected to be the biggest year yet for non-QM lending and securitizations, according to industry participants.

Federal entities should take steps to boost the non-agency market, according to the MBA. Meanwhile, FHFA isn’t necessarily looking to shrink the GSEs’ footprint.

As the housing shortage persists, home equity has been increasing, creating opportunities for lenders.

The changes include the availability of written verification of employment, a reduced account statement requirement and a lowered business fund ownership threshold.

In the coming weeks, Provident and JPMorgan Chase are both set to issue prime non-agency MBS.

Acra searches for new CEO; Rocket Companies upsizes securitization; House approves bill that would remove qualified mortgage underwriting requirements for small banks; prepayment rates on non-QMs increase; Longbridge Financial launches home equity product.

The Texas-based finance company’s $112.1 million nonprime auto ABS received an A- rating.