Morgan Stanley resumed issuing prime non-agency MBS in December 2020 after years away from the market.

While the limit is near the level of GSE acquisitions of non-owner occupied properties in recent years, the way the cap has been implemented is prompting lenders to seek new outlets.

At issue: the new QM standards were drafted when the CFPB was under the leadership of Republican Kathleen Kraninger, who was appointed during the Trump administration.

The main buyers of jumbos? Answer: commercial banks, accounting for 54.6% of purchases from unaffiliated sellers...

Additional non-agency MBS with GSE-eligible mortgages for investment properties are expected due to new limitations on Fannie/Freddie acquisitions of such loans.

Sens. Warner and Scott: "We urge the bureau to allow the final rule to proceed as intended and commit to a longer-term approach..."

AmWest originates a variety of loans through all three lending channels, with an emphasis on TPO...

The new MBS is somewhat smaller and has longer average loan seasoning...

Personnel expenses at Impac increased 12.8% to $14.9 million...

The shift is tied to GSE PSPA amendments, which came in January...