January 2, 2026

Bank Mortgage Holdings Continue to Expand in Third Quarter

Holdings of first-lien residential mortgages at banks and thrifts slightly increased by 0.4% during the third quarter of 2025. But two of the four largest players in the market reduced their holdings. Read More

Non-QM Performance Under Pressure

The non-qualified mortgage sector has exhibited significant performance pressure over the past two years. The sector has not yet faced material losses, though. Read More

Brokers Optimistic for 2026, Expect Non-QM Offerings to Expand

Brokers are feeling optimistic about 2026, due in part to the expansion of non-qualified mortgage offerings. Read More

ARM Originations Decline in Third Quarter, But Up YTD

Production of adjustable-rate mortgages declined slightly during the third quarter of 2025, but were up 40.7% through the first nine months of the year. Read More

Fix-and-Flip Market Weakens Amid High Interest Rates

Joel Berner, a senior economist at Realtor.com, said renovated homes still catch buyers’ attention, but financing the cost of those improvements at today’s rates is less appealing to price-sensitive shoppers. Read More

Short-Term Rental Market Is Seeing Strong Growth

As short-term rental lending grows, a valuation management company launched a form to make the appraisal process more accurate. Read More

Homeowners Want Flexible Home Equity Solutions

Homeowners said in a recent Hometap survey that traditional home equity solutions do not fit their needs and they are looking for more flexible finance options. Read More

News Briefs

The CFPB adjusted the appraisal exemption threshold; Velocity Financial agreed to sell UPB of non-performing loans and entered a third-party servicing mandate. Read More

Inside Nonconforming Markets

View Archived Issues

Bank Mortgage Holdings Continue to Expand in Third Quarter

Non-QM Performance Under Pressure

Brokers Optimistic for 2026, Expect Non-QM Offerings to Expand

ARM Originations Decline in Third Quarter, But Up YTD

Fix-and-Flip Market Weakens Amid High Interest Rates

Short-Term Rental Market Is Seeing Strong Growth

Homeowners Want Flexible Home Equity Solutions

News Briefs

Latest Imf News

Refis Drag Down Agency MBS Issuance in May

Locks Decline, Pull-Through Rate Drops in May

Citi Offers its First Post-Crisis HELOC Securitization

Two Harbors Bidding War Has Implications for MSR Values

Featured Data

FHA Refis Sole Bright Spot in First-Quarter Originations

Banks’ Mortgage Holdings Inch Down in First Quarter

Chase Lags on Non-Agency MBS Servicing

Bank Holdings of Consumer ABS Trend Higher in 1Q

Featured Reports

Guide to Mortgage Lending to First-Time Homebuyers

IMF HMDA Dashboard: 2025

2026 Mortgage Market Statistical Annual (PDF)

Mortgage Servicing Rights Report: 4Q25 (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?

Inside Nonconforming Markets

January 2, 2026

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