March 10, 2023

Expanded-Credit Originations Show Resilience, Increase in 2022

Originations of non-QMs and other expanded-credit products increased in 2022 while total mortgage originations declined. Citi was the top expanded-credit producer during the year. Read More

Non-QM Lenders, MBS Issuers Looking for Stability

Rising interest rates and fickle demand in the secondary market made it difficult to originate non-QMs in 2022. The hope among industry participants is that volatility will recede. Read More

Non-QM Players Navigating Volatile Secondary Market

Non-QM lenders and MBS issuers are making adjustments amid a volatile secondary market. Issues include timing for MBS issuance and competition for new production. Read More

Nonprime Servicing Portfolios Grow Slightly in 4Q

Among a group of 20 prominent nonprime servicers, portfolio balances increased by 0.3% during the fourth quarter of 2022. Prepayment rates on non-QMs are low and delinquencies are rising. Read More

Impac Revamps Operations, Shifts to Non-QM Leads

Impac’s CashCall unit will provide leads on non-QMs to mortgage brokers. The lender is also closing its third-party originations unit. Read More

Angel Oak’s REIT Ready to Get Back to Business

The REIT stopped acquiring non-QMs during the fourth quarter as interest rates fluctuated and demand in the secondary market waned. Read More

MISMO Offers Standards for Non-Agency MBS Data

MISMO is working to update data fields established by the American Securitization Forum in 2009 for use in the non-agency MBS market. Read More

News Briefs

Non-agency MBS issuance update; PennyMac launches jumbo product; Fitch affirms A&D’s servicer rating, Redwood increases staff. Read More

Inside Nonconforming Markets

View Archived Issues

Expanded-Credit Originations Show Resilience, Increase in 2022

Non-QM Lenders, MBS Issuers Looking for Stability

Non-QM Players Navigating Volatile Secondary Market

Nonprime Servicing Portfolios Grow Slightly in 4Q

Impac Revamps Operations, Shifts to Non-QM Leads

Angel Oak’s REIT Ready to Get Back to Business

MISMO Offers Standards for Non-Agency MBS Data

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

March 10, 2023

Download Files:

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?