A number of lenders and issuers have seen better execution for GSE-eligible investment-properties in non-agency MBS instead of delivering the product directly to Fannie and Freddie...

Western Asset Management's new non-QM deal is sized at nearly $1.0 billion...

Non-QM lending – the “new nonprime,” to some degree – totaled roughly $45.2 billion last year, a 20.2% improvement over 2017. 

An affiliate of American Mortgage Investment Partners Management is set to issue its second non-agency MBS backed solely by loans originated by Visio Financial Services.

Redwood Trust's margins on residential mortgage activity increased in the first quarter due to strong demand in the secondary market for expanded-credit mortgages. Officials are also optimistic about how the FHFA could help private capital take share from the GSEs.

The Consumer Financial Protection Bureau is conducting targeted exams of lenders that originate non-qualified mortgages, according to a former CFPB official. 

Issuance of prime non-agency MBS has slowed significantly. A pending deal from Wells Fargo is only the second issuance of 2Q19, though industry participants suggest that demand from investors is increasing.

A new REIT managed by PIMCO initially will focus on agency loans but has designs on the non-agency market as well. A $1.0 billion IPO for the REIT could be completed next week.