360 Mortgage is focusing on non-owner-occupied investment properties, which aren't subject to ability-to-repay requirements...

Some 98 lenders contributed mortgages to the $369.73 million nonprime MBS, though only one was identified by rating services.

Industry analysts expect the mini-boom in non-QM and EC MBS to continue...

The market for non-qualified mortgages is getting more crowded, with new lenders entering the space and other lenders adding to their programs or enhancing their offerings.

Originations of adjustable-rate mortgages declined 11.6% in 2018, driven by sharp decreases at a number of banks that dominate ARM production. The sector also lost some market share during the year.

Interest-only mortgage originations in 2018 declined 12.1% among a group of top-ranked lenders. The decline was slightly greater than the drop in total first-lien originations.

After years of acquiring mortgages as whole loans, PIMCO and MetLife are set to issue separate non-agency MBS stocked with seasoned mortgages. An affiliate of PIMCO plans a $382.56 million issuance while MetLife's deal could be double that size.