Brandon Ivey

Expanded-Credit Lending Up in 3Q, Sector Loses Market Share

November 22, 2019

Originations of non-QMs and other expanded-credit products increased in the third quarter though not as quickly as total first-lien originations, which were boosted by refi business. (Includes data chart.)

United Shore Tops Prime Non-Agency MBS Contributors

November 22, 2019

Brandon Ivey

The parent company of United Wholesale Mortgage was the top originator of mortgages in prime non-agency MBS issued in the third quarter. Underwriting standards haven’t changed much in the past year. (Includes two data charts.)

Impac Adjusts Non-QM Strategy After Decline in Production

November 22, 2019

Brandon Ivey

Impac is making some changes aimed at increasing originations of non-QMs after focusing on GSE refis in 3Q19. The lender’s profitability took a hit as GSE mortgages offer lower margins than non-QMs.

News Briefs

November 22, 2019

Brandon Ivey

GSE 2020 baseline conforming loan limit; ARRC fallback language for ARMs; Finance of America Reverse reduces eligibility age for non-agency products.

On the Regulatory Horizon: Nonbank Capital Rules

November 22, 2019

Brandon Ivey

Charlie Clark, president of the American Association of Residential Mortgage Regulators, stressed the need to establish prudential standards for nonbank lenders and servicers.

Share of eMortgages in Non-Agency MBS Insignificant

November 22, 2019

Brandon Ivey

Few eMortgages are being originated for non-agency MBS due to many factors, including costly tech and uncertainty over foreclosures.

Non-QM Market Waiting for CFPB Action on QM ‘Patch’

November 22, 2019

Brandon Ivey

It’s still not clear how the CFPB will address the patch for qualified mortgages, prompting speculation among participants in the non-QM market. The bureau has the issue listed on its December agenda.

Self-Employed Non-QM Borrowers Seen as ‘Tax Efficient’

November 22, 2019

Brandon Ivey

One of the most common types of non-qualified mortgages is a loan for self-employed borrowers underwritten with bank statements. Borrowers often opt for a non-QM rather than re-file taxes.

Demand Galore for Non-QM MBS? Looks That Way

November 22, 2019

Brandon Ivey

“The appetite in the secondary market for non-QMs is insane,” said Shea Pallante, an executive vice president at the Long Island-based Sprout Mortgage...

Expanded-Credit Deals Lead Latest Non-Agency MBS

November 22, 2019

Brandon Ivey

Seven non-agency MBS deals are in the market at the moment, including five expanded-credit MBS. Many other deals are also in the works.

Brandon Ivey

ARTICLES

Expanded-Credit Lending Up in 3Q, Sector Loses Market Share

United Shore Tops Prime Non-Agency MBS Contributors

Impac Adjusts Non-QM Strategy After Decline in Production

News Briefs

On the Regulatory Horizon: Nonbank Capital Rules

Share of eMortgages in Non-Agency MBS Insignificant

Non-QM Market Waiting for CFPB Action on QM ‘Patch’

Self-Employed Non-QM Borrowers Seen as ‘Tax Efficient’

Demand Galore for Non-QM MBS? Looks That Way

Expanded-Credit Deals Lead Latest Non-Agency MBS

Latest Imf News

Servicing Share for Rocket, Chase Down in Second Quarter

Income Declines at Rocket After Slow Spring Homebuying Season

MBS Investors Call for Changes With GSEs’ Credit Score Framework

Weak Jobs Report Could Delay Rate Hike by Fed

Featured Data

Largest Servicers Lose Ground in Second Quarter

MSR Transfers Increase in 2Q, UWM’s Sales Spike

Reset Activity Drives 2Q26 Boost in CLO/CDO Issuance

Originations Increase in 2Q Amid Headwinds From Rates

Featured Reports

Guide to Mortgage Lending to First-Time Homebuyers

Mortgage Servicing Rights Report: 1Q26 (PDF)

Lender Profiles 1Q26: Top 25 (PDF)

Mortgage Profitability Report 1Q26 (PDF)

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?