EquiFi hires new leadership for mortgage division; Encompass Lending to use FICO Score 10T; LoanStream announces July pricing special; Change Lending appoints new CFO.
Three prime non-agency MBS hit the market this week, largely with loans that were eligible for sale to the GSEs. Two expanded-credit deals also started marketing.
Originations of jumbo mortgages declined in the first three months of the year driven by a retreat among banks. Nonbank lenders picked up some of the slack. (Includes data table.)
Despite slight declines in portfolios among the top jumbo servicers, servicing volume for the jumbo market stayed relatively flat from the fourth to the first quarter. (Includes data table.)
New jumbo, expanded-credit and home equity loan securitizations were announced over the last two weeks. The largest offerings are two jumbo MBS from JPMorgan Chase.
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