Brandon Ivey

Jumbos accounted for 9.2% of total first-lien originations in the first quarter of 2021, a slight improvement from 4Q20, but nowhere close to pre-pandemic levels. (Includes data chart.)

Non-Agency Market Poised for Growth in Coming Years

May 21, 2021

Brandon Ivey

A reduction in GSE refi business along with regulatory changes are expected to prompt an increase in originations of non-agency mortgages. The bulk of the increase could come from prime loans.

Short Takes: Stepping Into the Mortgage Pond: Amerant / An Investment in GSE Debt / A Bank Merger with Mortgage Implications / Some Details on UWM’s MBS / Impac’s New CIO: Nwokorie

May 21, 2021

Paul Muolo and Brandon Ivey

The first non-agency mortgage-backed security issued by United Wholesale Mortgage will be stocked with conforming jumbos.

GSE Investor-Property Business Spikes in 1Q Ahead of New Limits

May 21, 2021

Brandon Ivey

Securitization of mortgages for investment properties increased at Fannie and Freddie in the first quarter even as overall GSE business declined. Lenders appear to have rushed to deliver the loans before new restrictions took effect. (Includes data chart.)

Nonbanks Increasing Investments in Non-QM Market

May 21, 2021

Brandon Ivey

A number of firms are working to increase originations of non-QMs and ramping up investments in the loans. It can be a highly profitable business, though investor demand is volatile.

Surprise: A New IPO Notice, This One From Angel Oak's Non-QM REIT

May 21, 2021

Brandon Ivey

No gas left in the mortgage IPO tank? Think again.

Impac Working to Rebuild Non-QM Origination Capacity

May 21, 2021

Brandon Ivey

As an increase in interest rates curtailed its GSE refi volume, Impac is rushing to ramp up originations of non-QMs. The firm also plans to issue its own MBS.

Brandon Ivey

ARTICLES

UWM Quickly Packages Conforming Jumbos into Non-Agency MBS

Short Takes: Making a Market in GSE Investor Loans / Concerns Over the CFPB’s Foreclosure Moratorium / Not Allowed? / The Forbearance Tally Rises

Angel Oak’s Mortgage-Investment Unit Files for IPO

Non-Agency Jumbo Sector Gains Market Share in First Quarter

Non-Agency Market Poised for Growth in Coming Years

Short Takes: Stepping Into the Mortgage Pond: Amerant / An Investment in GSE Debt / A Bank Merger with Mortgage Implications / Some Details on UWM’s MBS / Impac’s New CIO: Nwokorie

GSE Investor-Property Business Spikes in 1Q Ahead of New Limits

Nonbanks Increasing Investments in Non-QM Market

Surprise: A New IPO Notice, This One From Angel Oak's Non-QM REIT

Impac Working to Rebuild Non-QM Origination Capacity

Latest Imf News

ARM Originations Slow During Third Quarter

Pulte Frustrated, Confused by Credit Bureaus on Score Pricing

Affordability Improves With Slow Home Price Appreciation

MBA Sees Downsides in Potential Disclosure Revision for VA Loans

Featured Data

Largest Sellers See GSE Deliveries Wane in November

Third-Party Lenders Boost Market Share in Third Quarter

Bank Mortgage Repurchases Decline in Third Quarter

Mortgage REITs Up Agency MBS, Shed Non-Agency

Featured Reports

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Agency Seller-Issuer Profile: 3Q25 (PDF)

Mortgage Profitability Report 3Q25 (PDF)

Lender Profiles 3Q25: Top 25 (PDF subscription)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?