June 16, 2023

Correspondent Channel’s Share of Jumbo Market Plunges

Wells Fargo stopped originating jumbos through the correspondent channel and few lenders moved to pick up the slack. Meanwhile, the retail channel gained market share. (Includes data chart.) Read More

Change Lending Takes Holistic View of Borrowers

Change Mortgage’s unique approach to underwriting for underserved communities has earned the CDFI its first AAA-rated security. Read More

First-Lien Holdings at Banks Up Slightly in Q1

First-lien holdings at banks increased somewhat in the first quarter of 2023. And recent bank failures led to portfolios changing hands. (Includes data chart.) Read More

DSCR Lending With Below 1.0 Ratios Increasing

The share of no- or sub-ratio loans in the DSCR space rose to 43.7% in the first quarter of 2023, according to DBRS. A ratio of less than 1.0 indicates monthly rent doesn’t fully cover loan payments. Read More

New Calls for Standardization in Non-QM Market

Renewed calls for standardization come with potential challenges unique to the non-QM sector. Read More

Deephaven Sues Former Account Exec for Breach of Contract

The lender’s lawsuit alleges that a former account executive took private broker information from the company’s database and broke the lender’s noncompete clause. Read More

New State Law Hits Shared Appreciation Agreements

Maryland passed legislation with new standards for shared appreciation agreements as the niche sector continues to see strong demand from homebuyers. Read More

News Briefs

Surge of non-agency MBS hits market; Redwood partners with Oaktree on business-purpose loans; A&D Mortgage launches second-mortgage product; former First Republic CEO appointed to lead Turkey’s central bank. Read More

Inside Nonconforming Markets

View Archived Issues

Correspondent Channel’s Share of Jumbo Market Plunges

Change Lending Takes Holistic View of Borrowers

First-Lien Holdings at Banks Up Slightly in Q1

DSCR Lending With Below 1.0 Ratios Increasing

New Calls for Standardization in Non-QM Market

Deephaven Sues Former Account Exec for Breach of Contract

New State Law Hits Shared Appreciation Agreements

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

June 16, 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?