June 27, 2025

Retail Channel Loses Share in Nonconforming Market

Retail lending among lenders in the analysis declined sharply during the first quarter while the correspondent and broker channels posted more modest declines in nonconforming production. (Includes two data tables.) Read More

Non-QM MBS Withstanding Rising Delinquencies

Delinquencies on securitized non-qualified mortgages have increased but MBS investors have largely avoided losses to this point thanks to structural protections and improved underwriting. Read More

Mixed Trends for ARM Originations in Early 2025

ARMs accounted for 12.1% of total residential mortgage originations in the first quarter of 2025, down more than a full percentage point compared with the previous quarter. Still, production of the loans was up from the first quarter of 2024. (Includes data table.) Read More

Non-QM Lenders Leaning on Tech to Speed Originations

Non-qualified mortgages require extensive manual processes, but technology is now helping streamline originations. Read More

eResi Partners With ICE to Streamline Non-QM Delivery

eResi integrated with Intercontinental Exchange’s Encompass Investor Connect platform, looking to deliver non-qualified mortgages to investors. Read More

Move-Up Buyers Showing Interest in Luxury Homes

In the luxury home space, 31% of repeat buyers are using cash, keeping all-cash purchases strong. Also, younger buyers who fit into the move-up buyer category are beginning to flood the luxury market. Read More

Waltz Eases Lending Process for Foreign Nationals

The digital lending platform is expanding one year after its founding. Read More

News Briefs

Impairment rate on securitized non-QMs rises in May; Rocket offering bridge loans; architecture firm to acquire non-QM lender; Chimera unit aggregating HEIs for securitization. Read More

Inside Nonconforming Markets

View Archived Issues

Retail Channel Loses Share in Nonconforming Market

Non-QM MBS Withstanding Rising Delinquencies

Mixed Trends for ARM Originations in Early 2025

Non-QM Lenders Leaning on Tech to Speed Originations

eResi Partners With ICE to Streamline Non-QM Delivery

Move-Up Buyers Showing Interest in Luxury Homes

Waltz Eases Lending Process for Foreign Nationals

News Briefs

Latest Imf News

Jumbo Mortgages Gaining Share in Originations

Annaly Brings Exceptionally Large Expanded-Credit MBS

Non-Agency MBS Investors Showing Insatiable Demand

Lennar Reducing Incentives for Home Purchases

Featured Data

Agency MBS Issuance Down in May as Refinance Falters

Correspondent Share Slips in First Quarter of 2026

FHA Refis Sole Bright Spot in First-Quarter Originations

Banks’ Mortgage Holdings Inch Down in First Quarter

Featured Reports

Agency Channel Analysis: 1Q26 (PDF)

Guide to Mortgage Lending to First-Time Homebuyers

IMF HMDA Dashboard: 2025

2026 Mortgage Market Statistical Annual (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

June 27, 2025

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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?