After a surge in February, the issuance of non-agency MBS has all but ground to a halt due to financial turmoil caused by the coronavirus.

Nearly all the firms in a group of 30 servicers increased their jumbo portfolio in 2019. Chase and Truist were the only ones to see a decrease. (Includes data chart.)

Homebridge Financial’s wholesale division and theLender both announced suspensions to their non-QM lending operations. Others will follow, rest assured...

More trouble for Sterling: DOJ is now investigating the bank’s non-qualified-mortgage origination practices.

As has been the norm post-crisis, subprime servicing portfolios declined for most players in 2019. Ocwen remained the largest processor in the pack. (Includes data chart.)

A focus on refis of agency loans prompted a decline in non-QM lending at Impac in 2019. The lender will focus on non-QMs (again) this year.

Figure packaged a $149 million ABS backed by home-equity lines of credit that were originated and securitized using blockchain technology.

Toorak prices securitization backed by bridge loans; Redwood extends a warehouse line; Velocity provides a financial update; sales of luxury homes rose in 4Q19; PCMA launches product for investment properties.

Banks and thrifts increased their holdings of residential first liens by 4.1% in 2019. Among the top 10 banks, three reduced their portfolios. (Includes data chart.)

Having recently raised $8.0 million in capital, Quontic Bank plans to hold more mortgages in portfolio.