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UWM Tops Jumbo MBS Contributors in 2020

United Wholesale Mortgage was the top contributor to jumbo securitizations in 2020. The average credit score, debt-to-income ratio and combined loan-to-value ratio on loans in jumbo MBS somewhat tightened in 2020. (Includes two data charts.) Read More

Non-QM MBS Issuers Ready. But Where Are the Loans?

The non-QM market is poised for a comeback, helped by strong demand from investors in the secondary market. However, production is lagging as lenders continue to focus on agency refis. Read More

Lenders Report Mixed Jumbo Origination Trends

First Republic Bank reported increased production in the fourth quarter and for full year. Volume was down on an annual basis at Flagstar Bank and Redwood Trust. Read More

Third-Party Firms Slowing Down Non-QM Originations

It’s taking longer to originate non-qualified mortgages and offload the product due to capacity constraints at due diligence providers and other third-party vendors. Read More

New QM Standards Likely to Shrink Non-QM Share

A significant portion of non-QMs could meet new standards for qualified mortgages, according to Kroll Bond Rating Agency. It’s also possible that the CFPB will alter the standards before they take effect. Read More

Chase Offers Large Prime Non-Agency MBS

Chase is set to issue a $1.03 billion MBS backed by newly originated jumbos. Meanwhile, Credit Suisse and MFA have deals with slightly seasoned non-QMs and investment-property loans. Read More

New Limits on GSEs of Little Help to Non-Agency Market

The latest changes made to the GSEs’ preferred stock purchase agreement place limits on certain loan acquisitions by Fannie and Freddie. However, the move is unlikely to help the non-agency market. Read More

News Briefs

Strong application volume for non-QMs at PCMA; increased funding for investment-property mortgages; CFPB exempts smaller depository institutions from escrow requirements for higher-priced mortgages. Read More

Inside Nonconforming Markets

January 29, 2021

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UWM Tops Jumbo MBS Contributors in 2020

Non-QM MBS Issuers Ready. But Where Are the Loans?

Lenders Report Mixed Jumbo Origination Trends

Third-Party Firms Slowing Down Non-QM Originations

New QM Standards Likely to Shrink Non-QM Share

Chase Offers Large Prime Non-Agency MBS

New Limits on GSEs of Little Help to Non-Agency Market

News Briefs

Latest Imf News

UWM to Acquire Two Harbors, Eyeing Servicing

Mortgage Broker Jobs Increase in October; Others Decline

New Freddie CEO Out of Retirement After Long Term at Deloitte

Lennar’s Average Sale Price for New Homes Dropping

Featured Data

Non-Agency Jumbo Originations Slow in Third Quarter

Jumbo Servicing Volume Slightly Down in Third Quarter

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Featured Reports

Agency Seller-Issuer Profile: 3Q25 (PDF)

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (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 29, 2021

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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?