Reigo Investments closed a Series A funding round and New York Mortgage Trust made a minority investment in AlphaFlow.

The impairment rate on securitized non-qualified mortgages held steady in January...

Altisource Asset Management received an initial equity capital commitment from an unidentified source of up to $40 million for the mortgage effort.

The researchers noted that the views expressed in the report are not (necessarily) those of the Dallas Fed or of any entity within the Federal Reserve System.

Originations of jumbo mortgages shifted somewhat toward the correspondent channel during the fourth quarter of 2021, helped by JPMorgan Chase and Wells Fargo. (Includes data chart.)

Higher interest rates took a bite out of Angel Oak Mortgage’s profits in the fourth quarter, but its non-QM originations continue to remain strong. The firm also plans to maintain regular issuance of MBS.

Velocity increased its income and originations from the third to the fourth quarter. The lender focuses on non-agency business-purpose loans.

Banks and thrifts held $2.23 trillion of first liens at the end of the year, up 1.7% from the end of September. Trends varied considerably among the megabanks. (Includes data chart.)

The firm boosted its originations of non-QMs during the fourth quarter, though company officials suggested loan production in the first quarter could decline.

Six expanded-credit MBS hit the market in the past two weeks, including the largest deal since COVID upended the sector. Activity is much slower in the space for prime jumbos and GSE-eligible investment-property loans.