October 25, 2024

ARMs, IO Loans Help Boost ECM Securitizations in 3Q

The volume of adjustable-rate mortgages and interest-only loans flowing into expanded-credit MBS increased from the second quarter to the third. Read More

Chase Offers Incentives for Jumbo Borrowers at the Bank

Chase continues to push for ways to leverage its mortgage lending platform to bring in high net worth individuals to the bank. Read More

Jumbo Lending Looks Likely to Slow in 4Q

The seasonal decline in purchase-mortgage originations and interest rate trends will likely prompt jumbo lending to slow in the fourth quarter. Read More

Annaly Returns to Profitability in Third Quarter

Annaly Capital Management increased its non-agency correspondent activity during the third quarter. Read More

Backflip Plans to Build Out RTL Funding

The lender completed a capital raise, with plans to originate more residential transition loans and potentially issue MBS. Read More

Broker Sees Opportunities in Self-Employed Products

Despite the high rejection rate, Truss Financial believes self-employed borrowers can be less risky than those who are underwritten to W-2s. Read More

Digital Mortgage Exchange HomeLend Raises Funds

HomeLend, which aims to increase liquidity in the mortgage market, completed a new investment round. Read More

News Briefs

Click n’ Close expands shared appreciation mortgage product offering; and Kiavi promotes Tim Lawlor to the post of chief financial officer. Read More

Inside Nonconforming Markets

View Archived Issues

ARMs, IO Loans Help Boost ECM Securitizations in 3Q

Chase Offers Incentives for Jumbo Borrowers at the Bank

Jumbo Lending Looks Likely to Slow in 4Q

Annaly Returns to Profitability in Third Quarter

Backflip Plans to Build Out RTL Funding

Broker Sees Opportunities in Self-Employed Products

Digital Mortgage Exchange HomeLend Raises Funds

News Briefs

Latest Imf News

HUD Reviewing Potential for FHA Pricing Adjustments

Ginnie Loan Removals Hit Level Last Seen in 2022

FHA Proposes Loosening Underwriting for In-Home Rental Income

FICO Plans Price Hike Amid Rising Profits

Featured Data

GSE Earnings Resilient in a Tight Housing Market

Banks Generate Small 3Q24 Gains in Mortgage Banking

Refinance Loans Surge in October Agency Market

Refi Volume Spikes in Third Quarter, UWM Stands Out

Featured Reports

Top Mortgage Players: 2Q24 (PDF)

Mortgage Profitability Report 2Q24 (PDF)

Agency Channel Analysis: 3Q24 (PDF)

IMF Mortgage Directory: Full interactive database

Featured Poll

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

Inside Nonconforming Markets

October 25, 2024

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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?