ECM and agency-eligible loans helped pick up the slack for non-agency MBS issuance in the fourth quarter as prime volume slowed.

Redwood said it will now aggregate bank statement loans, CPA-prepared profit-and-loss statements and debt service coverage ratio loans through its Aspire correspondent platform.

MBS investors remain protected despite rising delinquencies on non-qualified mortgages.

RTL lender Groundfloor believes strong investor demand and a lack of available housing should help boost the market this year.

Three issuers have started marketing non-agency MBS thus far in January, including two expanded-credit MBS.

New York Mortgage Trust to issue a $75.0 million debt offering; Morningstar DBRS deems Radian unit “acceptable” for third-party due diligence; Arc adds new executives. Page 8.NYMT to issue a $75.0 million debt offering; Morningstar finds Radian "acceptable" for third-party due diligence; Arc adds new executives from Flagstar and Newrez.

Shellpoint handled servicing on 32.3% of the non-agency MBS issued during the third quarter. (Includes data table.)

JPMorgan Chase started marketing a variety of non-agency MBS over the past two weeks, including its first deal stocked with non-QMs for primary residences.

SFA seeks feedback on data tape standards for prime non-agency MBS; MCT plans to use FICO 10 T scores for whole loans and MBS sold through its platform.

Rising home equity and strong investor demand should help lenders boost their HELOC, CES and HEI lending in 2025.