August 19, 2022

Jumbo Originations Up in 2Q, Helped by Certain Banks

The jumbo sector bucked trends in the broader mortgage market, with a 3.1% increase in origination volume in the second quarter. A handful of banks sharply increased their jumbo lending during that period. (Includes data chart.) Read More

Impac, WAMC Faltering Amid Shift to Non-QMs

Impac Mortgage and Western Asset Mortgage Capital took losses in the second quarter as the non-QM market faltered. Read More

Velocity Remains Profitable with Focus on Non-Agency Lending

Non-agency business-purpose lending is paying off for Velocity Financial. The firm turned a profit in the second quarter despite a decline in originations. Read More

Losses Pile Up at Angel Oak’s REIT in 2Q22

Angel Oak Mortgage suffered widening losses in the second quarter amid weak demand in the secondary market for non-QMs. Still, officials at the REIT suggest that things are looking up. Read More

Jumbo Servicing Portfolios Grow in Second Quarter

Among the top 30 jumbo servicers, portfolios increased during the second quarter. Servicing declined at top-ranked Wells and increased at nearly all others in the top 10. (Includes data chart.) Read More

Altisource Putting Emphasis on Bridge Loans, DSCR

Altisource Asset Management is acquiring bridge loans and plans to add non-agency debt service coverage ratio mortgages to its mix as it transitions from asset management to an originator of non-agency loans. Read More

Mix of Loans in Latest Batch of Non-Agency MBS

For the first time since May, a non-agency MBS with GSE-eligible mortgages for investment properties hit the market. And Change Lending switched products with its latest offering, focusing on mortgages with income verification. Overall, issuance remains slow. Read More

News Briefs

Angel Oak settles with SEC on misreporting of delinquencies on fix-and-flip securitization; Sachem increases profits and originations in second quarter; LendSure launches five- to eight-unit DSCR product; rating services add firms to lists of acceptable due diligence providers. Read More

Inside Nonconforming Markets

View Archived Issues

Jumbo Originations Up in 2Q, Helped by Certain Banks

Impac, WAMC Faltering Amid Shift to Non-QMs

Velocity Remains Profitable with Focus on Non-Agency Lending

Losses Pile Up at Angel Oak’s REIT in 2Q22

Jumbo Servicing Portfolios Grow in Second Quarter

Altisource Putting Emphasis on Bridge Loans, DSCR

Mix of Loans in Latest Batch of Non-Agency MBS

News Briefs

Latest Imf News

GSE Repurchases on the Rise in 3Q

Seasonal Factors Drive Increase in Delinquency Rate

CDIA Calls Out Credit Washing for Rise in Credit Reporting Complaints

Home Price Growth Slows in November

Featured Data

Largest Sellers See GSE Deliveries Wane in November

Third-Party Lenders Boost Market Share in Third Quarter

Bank Mortgage Repurchases Decline in Third Quarter

Mortgage REITs Up Agency MBS, Shed Non-Agency

Featured Reports

Agency Seller-Issuer Profile: 3Q25 (PDF)

Mortgage Profitability Report 3Q25 (PDF)

Lender Profiles 3Q25: Top 25 (PDF subscription)

Agency Channel Analysis: 3Q25 (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

August 19, 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?