Officials at Doma, which is set to go public via a special purpose acquisition company maneuver, said the company might not be profitable until 2023.

After months of sporadic issuance of MBS with newer non-QMs, five deals are in the market with fresh production. PIMCO is also selling off some older loans originated by Citadel Servicing.

Stakeholders believe an alignment will ensure the most competitive mortgage terms are accessible to the broadest segment of QM-eligible borrowers while continuing to promote safe and sound lending practices.

Previously, the largest post-2010 prime non-agency MBS from Goldman was a $622.1 million deal issued in April.

Competition among the two dominant players in the wholesale channel continues to reduce the profit equation. However, margins from retail lending remain robust … for the moment.

After a long slowdown tied to the pandemic, the Angel Oak family of companies is ramping up its originations of non-QMs...

The renewed emphasis on the correspondent channel was widespread, with nearly every lender in the group increasing originations on a sequential basis.

We understand that a handful of large bulk servicing auctions are gestating...

The collateral was originated by Flagstar and has seasoned for roughly two months.

In the first quarter of 2021, expanded-credit mortgages accounted for 0.7% of total first-lien production compared to 2.2% for all of 2019.