In general, the nature of the non-agency market makes it difficult to standardize practices across the industry, let alone in individual MBS.

Lenders across the nation are taking a close look at their jumbo underwriting standards, including market leader Wells Fargo...

Some 10.1% of loans in the deal are in forbearance and another 1.8% have received deferrals.

United Wholesale sold $5.74 billion of jumbos to unaffiliated non-agency buyers in 2019.

Nearly 8% of mortgages in the MBS are in forbearance, though all of the borrowers are current on their payments.

Roughly $8.04 billion of non-agency MBS backed by new production was issued in the second quarter, down 39.0% from the first three months of the year.

Velocity sold two unrated MBS in recent months and now plans to focus on restarting originations.

The bulk of non-QM originations come through mortgage brokers and the retail channel.

The average interest rate on 30-year fixed-rate mortgages could fall below 3.00% later this year, according to Freddie Mac's chief economist.

DBRS Morningstar edged out Kroll Bond Rating Agency as the top firm in rating non-agency MBS in the first three months of the year.