Jumbo Mortgages

Browse articles from all of our Newsletters related to Jumbo Mortgages.

February 15, 2019 - Inside Nonconforming Markets

Average Jumbo Mortgage Interest Rates and Mortgage Performance

A page of jumbo data and the performance of non-agency mortgage-backed securities.


February 15, 2019 - Inside Nonconforming Markets

Redwood Maintains Margins With Multiple Loan Outlets

Redwood Trust’s mortgage banking income in the fourth quarter was essentially level compared to the previous quarter even with lower origination volume and strong competition in the non-agency market. Officials said margins held up because the real estate investment trust had multiple outlets to sell loans. Redwood’s mortgage banking segment generated $9.09 million of income in the final quarter of 2018, down 3.9% on sequential basis. “Our ability to utilize both ...


February 15, 2019 - Inside Nonconforming Markets

Jumbo Lending Falls in 4Q On Weaker Demand

Originations of non-agency jumbo mortgages declined in the fourth quarter as well as full year 2018, according to an Inside Nonconforming Markets analysis. The sector also lost market share with lenders noting weak demand. Some $65.0 billion of jumbos were originated in the fourth quarter, down 14.5% on a sequential basis. Full-year jumbo production declined 12.2% to $281.0 billion. Jumbos accounted for 17.2% of total first-lien originations ... [Includes one data chart]


February 1, 2019 - Inside Nonconforming Markets

Nonconforming Loan Indicators

Nonconforming loan indicators table


February 1, 2019 - Inside Nonconforming Markets

Mixed Jumbo Trends at First Republic, Flagstar

Two prominent players in the jumbo market reported mixed trends in originations for the fourth quarter. First Republic Bank’s single-family mortgage originations increased slightly on a sequential basis, while Flagstar Bank saw a sharp drop in jumbo lending.


January 18, 2019 - Inside Nonconforming Markets

Average Jumbo Mortgage Interest Rates and Mortgage Performance

A page of jumbo data and the performance of non-agency mortgage-backed securities.


January 18, 2019 - Inside Nonconforming Markets

Large-Balance Jumbos Originations on the Rise

Mortgages originated with a balance between $10.0 million and $20.0 million have surged in recent years, according to an analysis by CoreLogic.


January 18, 2019 - Inside Nonconforming Markets

Wells, Chase Bring Large Prime Non-Agency MBS

Wells Fargo and JPMorgan Chase are set to issue separate prime non-agency mortgage-backed securities that are significantly larger than their previous deals.


January 18, 2019 - Inside Nonconforming Markets

Nonbanks Step Up Efforts with Non-Agency Products

To better compete with banks, several prominent nonbank lenders recently launched new non-agency products, including prime jumbo mortgages and non-qualified mortgages.


January 18, 2019 - Inside Nonconforming Markets

Loans with Higher LTV Ratios in 4Q18 Jumbo MBS

The average combined loan-to-value ratio on mortgages in jumbo mortgage-backed securities spiked towards the end of 2018, according to a new analysis by Inside Nonconforming Markets. [Includes two data charts]


Poll

Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.

53%

Time for a change. Borrowers are different today.

35%

Undecided, still assessing the situation.

12%