Jumbo mortgages

JPMorgan opted for more geographic diversity in its third securitization this year of prime fixed-rate residential mortgages predominately located in high-priced urban markets.

Mortgage applications decreased 7.3% on a seasonally adjusted basis from one week earlier as refinance activity was at its lowest level since June.

The average down payment percentage rose 49 basis points for a conventional 30-year fixed-rate mortgage between the first and second quarters, according to LendingTree.

Mortgage credit availability decreased in August as one originator decided to stop its whole loan purchase program, according to data released Thursday by the Mortgage Bankers Association.

Caliber Home Loans is preparing a second subprime residential mortgage securitization, just months after completing its first U.S. subprime asset-backed deal of the post-crisis era.

Mortgage applications increased 2.8% from one week earlier, according to the Mortgage Bankers Association.

Many lenders are still reluctant to give mortgages to borrowers with less-than-pristine credit, yet such loans are far more likely than prime jumbo loans to be bundled into collateral bonds. Sreeni Prabhu of Angel Oak Capital credits banks' behavior and higher interest rates for that reality.

Mortgage application activity decreased 4% from one week earlier as home purchase volume fell to its lowest point in six months, according to the Mortgage Bankers Association.

JPMorgan is taking a riskier route for its second jumbo mortgage loan securitization of 2016.

Mortgage application activity increased 7.1% from one week earlier, driven by a spike in consumers looking to refinance their loans, according to the Mortgage Bankers Association.