The new $413.41 million MBS includes loans underwritten to bank statements and debt service coverage ratios.

REITs and overseas buyers could take up the slack.

Mortgage originators and investors believe that automation must go hand-in-hand with human expertise to create value for a company, and boost margins.

Money managers overweight with agency MBS are looking to reduce their exposure, creating new investment opportunities for other segments of investors.

Flexibility will be key for the industry moving into the November election and beyond, according to speakers at an MBA conference.

Some mortgage executives might be too optimistic about the prospects for originations growth following an interest rate cut later this year.

Mortgage technology providers believe originators should look to invest in new technology now before volume picks up later this year.

New construction will play a larger role in the purchase market over the next few years, according to Michael Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association.

Chase remained the top servicer in the group, handling $326.90 billion of jumbos as of the end of June.