News Briefs October 20, 2023 James Dohnert NP launches new jumbo program; Kiavi closes $275 million RTL securitization; Xome launches investment property market educational game; SunWest debuts DSCR loan product.Read More
Jumbo Lending Through Retail Channel Continues to Grow September 22, 2023 James Dohnert The retail channel accounted for 85.9% of jumbo originations in the first six months of the year among a group of major lenders tracked by this newsletter, up from 80.2% in the first half of 2022. (Includes data chart.)Read More
News Briefs September 22, 2023 James Dohnert New non-QM and jumbo securitizations hit the market; The Mortgage Calculator launches DSCR product.Read More
Rising Home Prices May Impact Jumbo Market August 25, 2023 James Dohnert The jumbo mortgage sector is evolving as the cost of higher-priced homes has continued to grow exponentially.Read More
News Briefs August 25, 2023 James Dohnert A slew of non-agency MBS hit the market; Roc360 forms a real estate investment trust; Deephaven Mortgage launches second mortgage product.Read More
M&A Activity Up in the Non-Agency Market August 11, 2023 James Dohnert Real estate investment trusts are merging as the market begins to shift amid changes to capital requirements for banks.Read More
Redwood to Increase Jumbo Activity Through Bank Partnerships July 28, 2023 James Dohnert Redwood Trust believes banks will need to turn to new liquidity partners as regulatory pressure mounts.Read More
Banks Pull Back From Jumbo Lending Despite Rising Home Prices July 28, 2023 James Dohnert While home prices are providing a lift for jumbo originations, many banks have a risk aversion to the products in the current rate environment.Read More
CrossCountry Plans to Issue its First Non-Agency MBS July 28, 2023 James Dohnert CrossCountry Mortgage teamed with Hildene Capital Management on originations of expanded-credit mortgages and MBS issuance.Read More
Schwab Offers Mortgage Discounts to Wealthy Clients July 14, 2023 James Dohnert Financial services company Charles Schwab is expanding a program that offers discounted mortgage rates in a bid to draw more high-net-worth clients.Read More