Originations of non-agency mortgages have taken a hit since the ability-to-repay rule came into effect, according to an analysis published by the Consumer Financial Protection Bureau last week.

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

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]

Roughly 42 originators are providing collateral for the JPM MBS…

We understand a bit of a price war may be brewing in the non-QM market...

The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…

The ECM sector was one of the few that recorded MBS production gains during the fourth quarter…

New Residential also will buy non-QMs from lenders other than New Penn...

Cascade services $1.3 billion of product…

The non-QM market is booming, said Angel Oak executive Tom Hutchens…