Non-Agency Jumbo Mortgage Production Jumps in 2Q18, Outpacing Overall Market
August 24, 2018
Originations of jumbo mortgages were strong in the second quarter, with the sector gaining market share, according to a new ranking and analysis by Inside Nonconforming Markets. An estimated $80.0 billion of non-agency jumbos were originated in the second quarter, up 33.3 percent from the previous period. Total first-lien production increased by 17.1 percent in that span. Non-agency jumbos accounted for 18.0 percent of total originations in the second quarter ... [Includes one data chart]