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“Our securitization program is the cornerstone of our ability to offer reliable jumbo financing to our customers and referral partners,” Collett said. “We have been the number one retail lender in the space for over a decade, and we are committed to regular, systematic issuance. With banks exiting the mortgage lending space due to new regulations, our securitization program should allow us to be the leading jumbo lender for a long time.”
Jumbo credit supply expanded in recent months, according to the Mortgage Bankers Association. MBA’s Mortgage Credit Availability Index (MCAI) showed that jumbo loan availability increased by 0.1% in May.
‘We’ve taken the time internally to carefully construct a strategy that can withstand market volatility, giving us the ability to be a systematic issuer that investors can depend on,” said Jennifer Shewski, senior vice president of transaction management and capital markets at Guaranteed Rate.
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