May 5, 2023

UWM Helps to Fuel Prime Non-Agency MBS in 1Q23

Issuance of prime non-agency mortgage-backed securities bounced back after a dismal fourth quarter, but activity was well below the highs of the first quarter of 2022. (Includes three data charts.) Read More

First Republic’s Failure Creates Jumbo-Sized Hole

The sale of First Republic Bank to Chase has opened a door for nonbanks hoping to expand in the jumbo market. Read More

Redwood Preps for Jumbo Moves Amid Bank Woes

Redwood envisions a strong year for its jumbo conduit businesses amid turmoil in the bank sector. Read More

Annaly Eyes Increase in Capital for Residential Credit Business

Annaly Capital Management plans to increase dedicated capital for its residential credit business with an emphasis on taking banks’ expanded-credit loans. Read More

Jumbo Sales Through the Correspondent Channel Drop in 2022

Sales of jumbo mortgages through the correspondent channel plummeted in 2022 as elevated interest rates cut into production. (Includes data chart.) Read More

Non-QMs Provide Loophole for Borrowers in Cannabis Industry

A growing community of non-QM lenders are providing funding for people working in the cannabis industry who can’t get traditional financing. Read More

Shellpoint Loses Some MBS Servicing Share

Shellpoint Mortgage Servicing lost a small share of servicing for non-agency MBS deals based on issuance in the first quarter of 2023 as servicers experience consolidation to kick off the year. (Includes data chart.) Read More

Angel Oak’s REIT Breaks Even in First Quarter

Angel Oak Mortgage operated at a breakeven level in the first quarter despite increased activity in new loan purchases and securitization. Read More

News Briefs

Three new MBS hit the market; non-QM impairments declined in March; Impac Mortgage delisted from NYSE. Read More

Inside Nonconforming Markets

View Archived Issues

UWM Helps to Fuel Prime Non-Agency MBS in 1Q23

First Republic’s Failure Creates Jumbo-Sized Hole

Redwood Preps for Jumbo Moves Amid Bank Woes

Annaly Eyes Increase in Capital for Residential Credit Business

Jumbo Sales Through the Correspondent Channel Drop in 2022

Non-QMs Provide Loophole for Borrowers in Cannabis Industry

Shellpoint Loses Some MBS Servicing Share

Angel Oak’s REIT Breaks Even in First Quarter

News Briefs

Latest Imf News

Refi Deliveries to GSEs Level Off in January

Fannie's Profits Dip in 4Q on Fair Value Losses

House Committee Split on Next Affordable Housing Efforts

FHFA, Ginnie to Increase Oversight of Nonbank Servicers

Featured Data

Mortgage Complaints to CFPB Tick Up in Fourth Quarter

Agency MSR Transfers Pick Up in Fourth Quarter of 2025

Record Year for CLO, But Issuance Slowed in 4Q25

Originations Increase in Fourth Quarter With Refi Push

Featured Reports

Mortgage Servicing Rights Report: 3Q25 (PDF)

IMF Mortgage Directory: Full interactive database

Agency Seller-Issuer Profile: 3Q25 (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

May 5, 2023

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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?