| Inside Mortgage Finance

Jumbo Lending Flat in 3Q, Wide Variation Among Lenders

Jumbo lending remained flat in the third quarter. However, the sector lost market share as lenders focused on GSE refis. Chase overtook Wells as the top jumbo producer. (Includes data chart.) Read More

Annaly Boosts Credit Investments, Rebuilding Non-QM Pipeline

After issuing $1.0 billion of expanded-credit MBS during the third quarter, Annaly is working to acquire more non-QMs. The REIT reported strong returns from the MBS. Read More

MFA’s Non-QM Investment is Finally Paying Off

MFA Financial took losses on non-QM sales earlier this year and obtained costly financing amid margin calls. Now the REIT is generating profits and paying off debt thanks to two MBS issuances in recent months. Read More

Impac Sees Less Attractive Returns from Non-QMs

Impac resumed originations of non-QMs in October with a whimper rather than a bang. The lender is generating better returns from GSE mortgages. Read More

Chimera Focusing on Prime Loans for Non-Agency MBS Issuance

Chimera is generating attractive returns by packaging jumbos, GSE-eligible investment-property mortgages and seasoned loans into non-agency MBS. The REIT continues to avoid non-QMs. Read More

Noncore Share of GSE Business Declines in Third Quarter

The volume of business the GSEs conduct in various noncore categories increased in 3Q but the noncore share of Fannie/Freddie business declined as lenders focused on refinances. (Includes data chart.) Read More

Non-QM Impairment Rate Continues Slow, Steady Decline

The share of non-QMs that are delinquent or in a loan modification declined again in September. The impairment rate in the sector remains high, though loan holders are optimistic. Read More

News Briefs

Loan limit projections for 2021; non-agency forbearance declines; Sterling takes losses on non-QM buybacks; Anworth's MBS plans whither; Griffin launches jumbo product; Citadel offering three-month bank statement loans; BBVA offering Prosper-powered HELOC. Read More

Inside Nonconforming Markets

November 13, 2020

View Archived Issues

Jumbo Lending Flat in 3Q, Wide Variation Among Lenders

Annaly Boosts Credit Investments, Rebuilding Non-QM Pipeline

MFA’s Non-QM Investment is Finally Paying Off

Impac Sees Less Attractive Returns from Non-QMs

Chimera Focusing on Prime Loans for Non-Agency MBS Issuance

Noncore Share of GSE Business Declines in Third Quarter

Non-QM Impairment Rate Continues Slow, Steady Decline

News Briefs

Latest Imf News

Retail Market Share for Nonconforming Originations Drops

Industry Groups Show Support for Executive Order on AI

Planet Home Leverages the Ginnie PIIT Program

Home Equity Declines in 3Q

Featured Data

Non-Agency Jumbo Originations Slow in Third Quarter

Jumbo Servicing Volume Slightly Down in Third Quarter

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Featured Reports

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (PDF)

IMF HMDA Dashboard: 2024

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

November 13, 2020

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