Jumbo Mortgages

What’s occurring with non-agency jumbo originations?

whats-occurring-with-non-agency-jumbo-originations

According to Inside Mortgage Finance, this is likely due to lenders relaxing underwriting standards to increase volume and demand. Still, the sector’s share of total emissions remains below pre-pandemic levels.

Jumbo loans accounted for 12.8% of total mortgage production in the second quarter, up from 9.2% in the previous quarter. This contrasts with a market share of 16.7% in 2019 as a whole.

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