Former CFPB executive Raj Date hopes to be in the non-QM market by mid-year 2014.

According to figures compiled by Inside Mortgage Finance, Flagstar is the nation’s second largest wholesale/broker lender. It also has a fairly large presence in the warehouse market.

The latest risk-sharing transaction from Fannie Mae references a $29.31 billion pool of mortgages.

Some GSE watchers fear that new Federal Housing Finance Agency director Mel Watt might slow GSE risk sharing deals but those concerns may be unwarranted.

Residential lenders reported a gradual increase in interest-only originations as 2013 progressed, despite a decline in total production.

The tapering of the Federal Reserve’s quantitative easing beginning this month will do little to end the advantages agency MBS have over new jumbo MBS.

Western Bancorp said it will lend to borrowers with credit scores as low as 620 and the loans are available to non-owner-occupied properties and first-time homebuyers.

Through the first nine months of 2013, an estimated 22 percent of the $1.59 trillion in mortgages originated (including second liens) had non-agency execution.

While activity plummeted in the second half of the year, jumbo MBS production in 2013 was nearly four times the level from the previous year.

While banks have put an emphasis on originating jumbo mortgages for portfolio, the uptick in total mortgages outstanding was largely driven by originations of agency mortgages.