July 30, 2021

Flagstar Top Contributor to Expanded-Credit MBS in 2Q21

Flagstar Bank shot to the top of the list of originators of expanded-credit mortgages securitized in the second quarter of 2021, with two non-agency MBS stocked with GSE-eligible loans for investment properties. (Includes three data charts.) Read More

State Regulators Set Uniform Standards for Nonbank Servicing

The standards generally mirror requirements the FHFA has established for servicing of mortgages backed by the GSEs. Implementation will be handled on a state-by-state basis. Read More

Redwood’s Income Declines Somewhat in Second Quarter

The real estate investment trust’s income from the aggregation of jumbo mortgages dropped while its business-purpose lending segment flourished. Margins on jumbos took a hit due to competition in the sector. Read More

Interfirst Unveils ‘Simple’ Non-Agency Investment Loan

The lender’s investment-property mortgage product offers a single rate to any borrower who qualifies based on income generated by the property. Read More

Investment-Property Loans, Jumbos Dominate Non-Agency MBS

Chase was the most active player in the non-agency MBS market in late July, with deals involving jumbos, investment-property mortgages and a risk-sharing transaction. Read More

Non-QM Lenders Loosening Underwriting Guidelines

More than a year after volatility from the coronavirus disrupted operations for many non-QM lenders, new products are being launched and underwriting standards are being relaxed. Read More

Non-Agency Investment Property Activity on the Rise

Sales of homes to investors hit a record in the second quarter. Interestingly, the surge is happening as the GSEs cut back on investment-property loan acquisitions. Read More

News Briefs

Non-agency forbearance increases; Sachem inks $200 million repo line; review of risk-retention requirements extended; Angel Oak plans to expand its digital capabilities; Liquid Mortgage receives patent; Home Diversification Corp. for sale. Read More

Inside Nonconforming Markets

View Archived Issues

Flagstar Top Contributor to Expanded-Credit MBS in 2Q21

State Regulators Set Uniform Standards for Nonbank Servicing

Redwood’s Income Declines Somewhat in Second Quarter

Interfirst Unveils ‘Simple’ Non-Agency Investment Loan

Investment-Property Loans, Jumbos Dominate Non-Agency MBS

Non-QM Lenders Loosening Underwriting Guidelines

Non-Agency Investment Property Activity on the Rise

News Briefs

Latest Imf News

Agency Jumbo Volume Holds Steady in Third Quarter

Housing Bill With Bipartisan Support Introduced in House

Fannie Mae’s MBS Holdings Increase Again in November

Trump Admin Reorients FSOC to Growth and De-Regulation

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

Lender Profiles 2Q25: Top 25 (PDF)

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

Mortgage Profitability Report 2Q25 (PDF)

IMF HMDA Dashboard: 2024

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

July 30, 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?