November 19, 2021

Non-Agency Jumbo Lending Hits Record Level in Third Quarter

Originations of non-agency jumbo mortgages increased by 6.3% from the second to the third quarter. Wells Fargo remained the top jumbo lender, while three firms in the top 10 posted declines. (Includes data chart.) Read More

Non-Agency Investments Help MFA Boost Income in 3Q

MFA Financial posted a sharp increase in income, driven by its focus on buying non-agency mortgages and its acquisition of Lima One, a business-purpose lender. Read More

Angelo Gordon’s REIT Seeing Strong Returns from Non-Agency

AG Mortgage Investment Trust more than doubled its net income in the third quarter as it shifted its focus to non-agency mortgages. AGMIT is sourcing many of its mortgage acquisitions from an affiliated lender. Read More

Jumbo Servicing Portfolios Increase in Third Quarter

Servicing of jumbo mortgages increased at most of the 30 top firms in the sector during the third quarter. However, top-ranked Wells Fargo bucked the trend. (Includes data chart.) Read More

Non-QM Aggregation and Income Increases at Angel Oak’s REIT

The public REIT portion of the Angel Oak Companies non-QM machine nearly tripled its income in the third quarter thanks to an increase in loan acquisitions and an MBS issuance. Read More

Impac Swings to Profit in 3Q Driven by a Surge in Non-QM Lending

The lender is increasing its originations of non-QMs, which helped it generate a profit for the third quarter. Still, non-QM pricing declined early in the fourth quarter and there are additional costs tied to originating the loans. Read More

Expanded-Credit MBS Perks Up, Along with Prime Non-Agency Deals

The largest non-agency MBS on offer in the past two weeks was a $762 million deal from United Wholesale Mortgage. Barclays Capital is also set to issue an expanded-credit MBS. Read More

News Briefs

Number of non-agency mortgages in forbearance increases; Securent offering loan-defect insurance; Filo Mortgage launches jumbo offering; Lakeview Loan Servicing partners with Silver Hill Funding. Read More

Inside Nonconforming Markets

View Archived Issues

Non-Agency Jumbo Lending Hits Record Level in Third Quarter

Non-Agency Investments Help MFA Boost Income in 3Q

Angelo Gordon’s REIT Seeing Strong Returns from Non-Agency

Jumbo Servicing Portfolios Increase in Third Quarter

Non-QM Aggregation and Income Increases at Angel Oak’s REIT

Impac Swings to Profit in 3Q Driven by a Surge in Non-QM Lending

Expanded-Credit MBS Perks Up, Along with Prime Non-Agency Deals

News Briefs

Latest Imf News

Appeals Court Grants Rehearing of CFPB Case

Trump Teases Housing Proposal, Promises Lower Interest Rates

House Committee Moves Housing Bill, NFIP Extension

Refis Lead to Increase in Ginnie MBS Issuance in November

Featured Data

Agency Jumbo Business Level During Third Quarter

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

Featured Reports

Mortgage Servicing Rights Report: 3Q25 (PDF)

Agency Seller-Issuer Profile: 3Q25 (PDF)

Lender Profiles 2Q25: Top 25 (PDF)

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

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

November 19, 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?