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Home » Newsletters » Inside Nonconforming Markets

Inside Nonconforming Markets

May 16, 2025

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  • Inside Nonconforming Markets, Full Issue, May 16, 2025 (PDF)

Jumbo Servicing Growth Slows in First Quarter

While jumbo servicing among a group of 30 large servicers was up 10.0% on an annual basis as of the end of March, growth in the first quarter of 2025 was well below that pace. (Includes data table.) Read More

Angel Oak REIT Touts Liquidity in Non-QM Market

Angel Oak Mortgage REIT securitized $284.3 million after the first quarter of the year ended. Read More

Correspondent Sales of Jumbo Mortgages Spike in 2024

Correspondent sales of jumbo mortgages originated in 2024 increased by more than 60% on an annual basis. The largest sellers were almost all nonbanks, though Chase cracked the top 5 with its deliveries into non-agency MBS. (Includes data table.) Read More

Bank Launches Wholesale Unit With Non-QM Focus

American Pride Bank in Georgia launched a new mortgage division last week focused on non-QM products. Read More

Higher-Priced Lending Increases Slightly in 2024

Federal agencies have used the higher-priced mortgage designation as a proxy for subprime lending. Strategies vary among the biggest originators of higher-priced mortgages, including focusing on loans for manufactured homes or expanded-credit mortgages. (Includes two data tables.) Read More

Commercial Loan Tech Popular for Servicing Alt Products

Debt service coverage ratio mortgages, residential transition loans and other alternative products include some unique features that can’t necessarily be handled well by servicing systems for standard residential mortgages. Read More

Low LTV Ratios Protecting DSCR MBS Investors

While impairments on securitized debt service coverage ratio loans have increased, losses have been minimal. Read More

News Briefs

Unison cuts equity loan APR; demand for vacation homes drops; Beeline starts affiliate network; weak demand for second homes. Read More

Latest Imf News

  • Jumbo Share of Originations Hits 18.1% in 2025

  • Senate Passes Housing Bill; Outlook Uncertain

  • Uncertainty Tied to Iran Conflict Pushes Mortgage Spreads Wider

  • Better’s Losses Increase Slightly in Fourth Quarter

More Imf News

Featured Data

  • FHA, VA Refi Endorsements Soar in Fourth Quarter

  • First-Lien Holdings at Banks Continue to Rise in 4Q

  • Select Portfolio Loses Some Servicing Market Share in 4Q

  • Agency Market Phones It In, Rate Refis Slow in February

More Featured Data

Featured Reports

  • IMF Mortgage Directory: Full interactive database

  • IMF HMDA Dashboard: 2024

  • Top Mortgage Players: 3Q25 (PDF)

  • Lender Profiles 3Q25: Top 25 (PDF subscription)

More Latest Reports

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?

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