| Inside Mortgage Finance

Banks Top Contributors to Prime Non-Agency MBS

Wells Fargo shot to the top of the list of originators of mortgages in prime non-agency MBS in the first quarter, demonstrating the power banks have to sway the market.

Jumbo Lending Down at First Republic, Flagstar

First Republic Bank and Flagstar Bank posted lower originations of jumbo mortgages in the first quarter on a sequential basis. However, lower interest rates are expected to boost production in the second quarter.

Impac, Sprout Among Top Expanded-Credit MBS Lenders

Impac Mortgage and Sprout Mortgage stand out among contributors to expanded-credit MBS. They’re the only two lenders among the top five that aren’t affiliates of firms that issue deals.

Non-QM MBS Volume Up as Spreads Widen

Issuance of expanded-credit products has grown significantly in the past year even though spreads on non-qualified MBS widened.

S&P Taking a Closer Look at Bank Statement Loans

S&P is asking lenders and issuers to provide more details about bank statement loans as it plans to increase transparency around the product.

Non-Agency Market Set for Gains with GSE Reform

Efforts by the Trump administration and the FHFA to reform the government-sponsored enterprises will likely prompt more activity in the non-agency market. However, the devil is in the details.

Lender Plots $1 Billion in No Income, No Asset Loans

360 mortgage plans to originate $1 billion of mortgages that don’t require verification of a borrower’s income or assets. The pilot program is limited to non-owner-occupied investment properties, which aren’t subject to ATR requirements.

News Briefs

Inside Nonconforming Markets

April 26, 2019

View Archived Issues

Banks Top Contributors to Prime Non-Agency MBS

Jumbo Lending Down at First Republic, Flagstar

Impac, Sprout Among Top Expanded-Credit MBS Lenders

Non-QM MBS Volume Up as Spreads Widen

S&P Taking a Closer Look at Bank Statement Loans

Non-Agency Market Set for Gains with GSE Reform

Lender Plots $1 Billion in No Income, No Asset Loans

News Briefs

Latest Imf News

Jumbo Share of Originations Hits 18.1% in 2025

Senate Passes Housing Bill; Outlook Uncertain

Uncertainty Tied to Iran Conflict Pushes Mortgage Spreads Wider

Better’s Losses Increase Slightly in Fourth Quarter

Featured Data

FHA, VA Refi Endorsements Soar in Fourth Quarter

First-Lien Holdings at Banks Continue to Rise in 4Q

Select Portfolio Loses Some Servicing Market Share in 4Q

Agency Market Phones It In, Rate Refis Slow in February

Featured Reports

IMF Mortgage Directory: Full interactive database

IMF HMDA Dashboard: 2024

Top Mortgage Players: 3Q25 (PDF)

Lender Profiles 3Q25: Top 25 (PDF subscription)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Inside Nonconforming Markets

April 26, 2019

Download Files:

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?