Non-Agency Jumbo Originations Strong In 1Q13, Lenders Look to Boost Volume
May 31, 2013
Origination trends for non-agency jumbo mortgages were stronger than total mortgage originations in the first quarter of 2013, according to a new ranking by affiliated publication Inside Mortgage Finance. Lenders increasingly see jumbos as an attractive product and a number of smaller players are entering the market or growing their originations. An estimated $54.0 billion in non-agency jumbos were originated in the first quarter of 2013, down 1.8 percent from the previous quarter ... [Includes one data chart]
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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