The deal marks the first warehouse financing securitization to include non-QMs as eligible collateral.

Unfazed by mounting losses, the newly public mortgage technology vendor is working to add clients and complete more acquisitions.

Wells Fargo's jumbo servicing portfolio declined by 2.5% to $242.25 billion...

Lone Star shifted from relying on Caliber to other lenders for loans going into non-agency MBS.

Chase is marketing a $1.61 billion deal with prime jumbos and a $566.4 million security with investment-property loans, many of which were eligible for sale to the GSEs.

Lenders are seeing increased demand, and many have loosened underwriting standards, helping to boost volume.

Originations of jumbo mortgages increased by 32% in the second quarter while total first-lien originations declined, helping the sector gain market share. Still, the share is below pre-pandemic levels. (Includes data chart.)

A new expanded-credit MBS from Angelo Gordon includes loans that won’t be subject to third-party reviews until after closing. Due diligence firms are swamped due to a boom in non-agency MBS issuance.

The lender curtailed its jumbo lending in the early days of the pandemic. Now, jumbos account for a growing share of United Wholesale’s production and the firm is issuing non-agency MBS.

An increase in jumbo originations helped to grow servicing portfolios at many shops during the second quarter. Top-ranked Wells Fargo, however, saw its jumbo servicing portfolio decline. (Includes data chart.)