June 18, 2021

Jumbo Servicing Portfolios Increase Slightly in First Quarter

The jumbo servicing market inched up in the first quarter of 2021. The two largest banks in the sector reduced their balances while others expanded their portfolios. (Includes data chart.) Read More

Angel Oak’s REIT Raises $136.8M in Downsized IPO

Angel Oak Mortgage’s IPO fizzled, pricing below initial guidance. The REIT’s stock price also declined in its first day of trading. Read More

GSE-Eligible Loans See Fast Turn Times in Non-Agency MBS

Issuance of non-agency MBS with GSE-eligible loans is booming, largely due to restrictions on certain purchases by the GSEs. Read More

Expanded-Credit MBS Issuance Finally Showing Signs of Life

Nine expanded-credit MBS hit the market in the past two weeks, with the deals largely backed by mortgages originated in recent months. Read More

ClearEdge, Shelter Growth’s Lending Unit, Gaining Momentum

After temporarily suspending originations during the pandemic, wholesaler ClearEdge Lending is ramping up production of non-agency mortgages. Read More

Bank First-Lien Mortgage Holdings Decline Again in First Quarter

Bank and thrift holdings of first liens declined for a second consecutive quarter, after years of increases. Among the largest banks, trends varied. (Includes data chart.) Read More

Nonprime Servicing Portfolios Continue to Shrink in 1Q21

Chase’s nonprime servicing portfolio increased tenfold to $44.40 billion at the end of March. The spike was due to a change in the way the bank reports numbers and not because of an influx of new servicing. (Includes data chart.) Read More

Non-Agency Risk Retention a Concern with New QM Standards

Trade groups representing lenders are urging regulators to maintain the link between QMs and loans exempt from mandatory risk retention. Read More

News Briefs

Non-agency forbearance reading increases; non-QM lenders make personnel moves; Moody’s withdraws its jumbo assessment of Quicken Loans, Regions Bank to acquire home-improvement lender. Read More

Inside Nonconforming Markets

View Archived Issues

Jumbo Servicing Portfolios Increase Slightly in First Quarter

Angel Oak’s REIT Raises $136.8M in Downsized IPO

GSE-Eligible Loans See Fast Turn Times in Non-Agency MBS

Expanded-Credit MBS Issuance Finally Showing Signs of Life

ClearEdge, Shelter Growth’s Lending Unit, Gaining Momentum

Bank First-Lien Mortgage Holdings Decline Again in First Quarter

Nonprime Servicing Portfolios Continue to Shrink in 1Q21

Non-Agency Risk Retention a Concern with New QM Standards

News Briefs

Latest Imf News

Purchase-Mortgage and Refi Volume Diverge in Second Quarter

Losses Increase at Homebuilder Hovnanian Enterprises

Insurance Companies Add to Whole-Loan Mortgage Holdings

New Listings for Homes Up, Asking Price Slips

Featured Data

GSEs Deliver Consistent Profits; No Closer to Solvency

Bank Mortgage Earnings Tick Up in Second Quarter

Non-Agency Pushes CMBS Issuance Up Slightly in 2Q

PMIs Gain Purchase Share, Refinance Share Slips

Featured Reports

Agency Seller-Issuer Profile: 1Q26 (PDF)

2026 Mortgage Market Statistical Annual (PDF)

IMF HMDA Dashboard: 2025

Guide to Mortgage Lending to First-Time Homebuyers

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

June 18, 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?