| Inside Mortgage Finance

Expanded-Credit Production Drops in First Quarter

Originations fell by 20% as the market was disrupted in March by the coronavirus. Most of the major lenders suspended production during the month, ending the quarter with declines. (Includes data chart.) Read More

Non-QM MBS Issuance Makes a Strong Comeback

After issuance ground to a halt in March, five non-QM MBS deals came to the market in May and more are on the way. Transactions have been stocked with slightly seasoned mortgages. Read More

Non-QM Lenders Realign Products

Among the lenders currently offering non-QMs, underwriting standards are tighter and interest rates on the loans are higher than earlier in the year. Industry participants are optimistic that the sector will rebound, eventually. Read More

Jumbo Servicing Volume Down Slightly in First Quarter

For the first time in years, the amount of jumbo mortgage servicing outstanding declined on a quarterly basis. Looking forward, forbearance requests are a key issue. (Includes data chart.) Read More

Goldman Brings Prime Non-Agency MBS with New Loans

A $335 million deal from Goldman Sachs is the first prime non-agency MBS in the market since mid-March. The transaction includes mortgages originated in the past few months. Read More

Industry Seeks More Relaxed Non-Agency MBS Disclosures

A coalition of industry trade groups asked the SEC to revise standards for publicly registered non-agency MBS. They suggested aligning standards with practices for private placements. Read More

Non-Agency Lenders Mirror GSEs on Appraisal Lenience

Beginning in March, the GSEs loosened certain appraisal standards due to complications from the coronavirus. A number of non-agency lenders are following the GSEs’ lead. Read More

News Briefs

Redwood reduces both debt and the share of its debt subject to potential margin calls; Sprout launches new jumbo product. Read More

Inside Nonconforming Markets

May 29, 2020

View Archived Issues

Expanded-Credit Production Drops in First Quarter

Non-QM MBS Issuance Makes a Strong Comeback

Non-QM Lenders Realign Products

Jumbo Servicing Volume Down Slightly in First Quarter

Goldman Brings Prime Non-Agency MBS with New Loans

Industry Seeks More Relaxed Non-Agency MBS Disclosures

Non-Agency Lenders Mirror GSEs on Appraisal Lenience

News Briefs

Latest Imf News

GSE Repurchases on the Rise in 3Q

Seasonal Factors Drive Increase in Delinquency Rate

CDIA Calls Out Credit Washing for Rise in Credit Reporting Complaints

Home Price Growth Slows in November

Featured Data

Largest Sellers See GSE Deliveries Wane in November

Third-Party Lenders Boost Market Share in Third Quarter

Bank Mortgage Repurchases Decline in Third Quarter

Mortgage REITs Up Agency MBS, Shed Non-Agency

Featured Reports

Mortgage Profitability Report 3Q25 (PDF)

Agency Seller-Issuer Profile: 3Q25 (PDF)

Mortgage Servicing Rights Report: 3Q25 (PDF)

Lender Profiles 2Q25: Top 25 (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

May 29, 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?