April 1, 2022

Expanded-Credit Sector Props Up Non-Agency MBS Issuance in Q1

Issuance of expanded-credit MBS increased by nearly 40% on a sequential basis in the first quarter while prime non-agency MBS issuance was down 16%. Issuers faced higher interest rates and diminished demand from investors. (Includes data chart.) Read More

Marathon’s Long Run Issues Expanded-Credit MBS

The conduit started acquiring mortgages in mid-2021, with a focus on a limited number of lenders and relatively conservative credit standards. Read More

ARM Lending Declines in 2021; Bank of America Leads

Originations of adjustable-rate mortgages declined by 4.8% from the third to the fourth quarter and by 13.7% for the full year 2021. Bank of America was the top ARM producer. The loans largely remain in portfolio. (Includes data chart.) Read More

With Refis Slowing, United Wholesale Jumps into Non-QM Market

United Wholesale Mortgage started offering bank statement mortgages and a non-agency investment property product in March. Read More

Altisource Asset Management Launching Non-QM Operation

After more than a year of working to shift its focus, Altisource Asset Management is setting up an alternative lending group to originate and acquire non-QMs and other products. Read More

Tech-Focused Bridge Loan Lenders Raise Capital

Reigo Investments raised $13 million in Series A funding while New York Mortgage Trust acquired minority stake in AlphaFlow for an undisclosed amount. Read More

Haus Launches Flat-Fee Equity Sharing as Alternative to a Mortgage

For a flat fee of $1,000 per month, prospective homeowners can enter into equity-sharing agreements with Haus. The company also launched a blockchain-based coin offering for accredited investors. Read More

News Briefs

Figure to launch cryptocurrency-related mortgages; PCMA starts capital advisory unit; A&D Mortgage accepting cryptocurrency; Sachem’s fourth- quarter earnings; DBRS approves of Visionet Systems. Read More

Inside Nonconforming Markets

View Archived Issues

Expanded-Credit Sector Props Up Non-Agency MBS Issuance in Q1

Marathon’s Long Run Issues Expanded-Credit MBS

ARM Lending Declines in 2021; Bank of America Leads

With Refis Slowing, United Wholesale Jumps into Non-QM Market

Altisource Asset Management Launching Non-QM Operation

Tech-Focused Bridge Loan Lenders Raise Capital

Haus Launches Flat-Fee Equity Sharing as Alternative to a Mortgage

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

Mortgage REITs Up Agency MBS, Shed Non-Agency

Agency Jumbo Business Level During Third Quarter

Non-Agency Jumbo Originations Slow in Third Quarter

Jumbo Servicing Volume Slightly Down in Third Quarter

Featured Reports

Agency Seller-Issuer Profile: 3Q25 (PDF)

Mortgage Servicing Rights Report: 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

April 1, 2022

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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?