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UWM Tops Prime Non-Agency MBS Contributors in 2019

United Wholesale Mortgage was the top originator of prime mortgages securitized in non-agency MBS in 2019. Underwriting characteristics for the sector loosened modestly. Read More

CFPB’s QM Proposal Could Reduce Non-Agency Business

The bureau’s plan to replace the QM patch could reduce the volume of mortgages that flow into the non-agency market, according to analysts. The CFPB is working to avoid disruption to GSE-eligible originations. Read More

Mixed Trends in Jumbo Originations at 3 Banks in 2019

First Republic Bank enjoyed a record year for originations while jumbo production declined at Flagstar Bank and Axos Financial. The banks noted that competition suppressed originations. Read More

Ashmore’s Vista Point Ramping Up Non-QM Aggregation

Vista Point Mortgage received an assessment by S&P, which suggests the firm is aggregating non-QMs with plans to contribute to non-agency MBS. The firm was founded by the former president of Impac Mortgage. Read More

Sterling Prepping New Loan Products With Tighter Standards

After halting its main non-qualified-mortgage program due to procedural issues, Sterling Bank and Trust is planning new products with tighter underwriting standards. Read More

LIBOR Transition Complicated for Non-Agency Mortgages

There are no easy solutions as servicers work to move non-agency ARMs from LIBOR to a different reference rate. Read More

Several Large Prime Non-Agency MBS Deals in the Works

Redwood is prepping a large prime non-agency MBS while Quicken issued its second deal. Seer Capital has an expanded-credit product in the works and Velocity a small-balance commercial loan deal. Read More

News Briefs

FDIC eases disclosure standards for non-agency MBS; industry seeks delay in revisions to risk-retention requirements; MBA wants NCUA to follow bank regulators on non-agency appraisal standards; Maxex touts trading volume; A&D Mortgage using LoanScorecard. Read More

Inside Nonconforming Markets

February 7, 2020

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UWM Tops Prime Non-Agency MBS Contributors in 2019

CFPB’s QM Proposal Could Reduce Non-Agency Business

Mixed Trends in Jumbo Originations at 3 Banks in 2019

Ashmore’s Vista Point Ramping Up Non-QM Aggregation

Sterling Prepping New Loan Products With Tighter Standards

LIBOR Transition Complicated for Non-Agency Mortgages

Several Large Prime Non-Agency MBS Deals in the Works

News Briefs

Latest Imf News

Retail Channel Regains Some Share of Originations in 2025

ARMs From Nonbanks Head Into MBS From Redwood

Non-Agency MBS Issuers Expect Benefits From Disclosure Shift

FHA Faulted on Now-Rescinded Foreclosure Sale Program

Featured Data

Bank Servicing Declines in 4Q, MSR Fair Values Up

Mortgage-Banking Earnings at Banks Level Off in 4Q

Fannie Mae, Freddie Mac Profits Decline in 2025

Home Equity Loan Securitization Growth Levels Off

Featured Reports

Top Mortgage Players: 3Q25 (PDF)

Lender Profiles 3Q25: Top 25 (PDF subscription)

Mortgage Profitability Report 3Q25 (PDF)

Agency Channel Analysis: 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

February 7, 2020

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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?