April 21, 2023

Expanded-Credit MBS Issuance Bounces Back in First Quarter

Expanded-credit MBS issuance increased by more than 75% in the first quarter of 2023. Invictus Capital Partners was the top issuer in the early months. (Includes three data charts.) Read More

Banks Appear to be Pulling Back on Jumbo Lending

While real estate lending might not feel the brunt of a possible credit squeeze, products like jumbo mortgages could still face challenges. There are signs that banks have reduced their appetite for the loans. Read More

Noncore Portion of GSE Business Low in First Quarter

Conforming jumbos, cash-out refinances and mortgages for investment properties and second homes are becoming less prevalent in deliveries to the government-sponsored enterprises. (Includes data chart.) Read More

Originators Turn to Non-QMs, HELOCs in Challenging Market

Bank statement, debt servicing credit ratio and home-equity line of credit products are bringing new value to originators, according to LoanNEX. Read More

Crypto Mortgage Lenders Manage Through Volatility

Players in the cryptocurrency-backed mortgage space still see optimism for the future even as the “crypto winter” moves into spring. Read More

Expanded-Credit MBS Gains Momentum in April

After a lull around the end of the first quarter, a number of expanded-credit MBS have hit the market, with more deals planned. Read More

DSCR Ratios Drift Lower as Interest Rates Rise

The volatility in interest rates, elevated housing prices and a lag in rental growth numbers are all prompting more investors to lock in loans with debt service coverage ratios below 1.0. Read More

News Briefs

CPFB revises methodology for APOR; Fitch downgrades PacWest’s CRT; LendingOne taps ex-Sprout vice president for TPO business; DBRS adds new due diligence provider to “acceptable” list. Read More

Inside Nonconforming Markets

View Archived Issues

Expanded-Credit MBS Issuance Bounces Back in First Quarter

Banks Appear to be Pulling Back on Jumbo Lending

Noncore Portion of GSE Business Low in First Quarter

Originators Turn to Non-QMs, HELOCs in Challenging Market

Crypto Mortgage Lenders Manage Through Volatility

Expanded-Credit MBS Gains Momentum in April

DSCR Ratios Drift Lower as Interest Rates Rise

News Briefs

Latest Imf News

MBA Seeks Credit Score Threshold for Tri-Merge at GSEs

REITs Add to Agency MBS Holdings in Third Quarter

Fannie Looks to Have Walked Back Net Worth Proposal

Mutual of Omaha to Issue Securitization With Proprietary Reverse Mortgages

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

April 21, 2023

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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?