Both Chase Mortgage and Everbank began issuing non-agency mortgage-backed securities at the beginning of this year. Before that, Redwood Trust and Credit Suisse were the only players in the market, and small players at that. Chase has made a big push in the space, rising to the number two spot in jumbo loan originations from number four in the market, and in turn opening the door for investors, writes CNBC.

“We think over time it is important that private capital gets back into the mortgage business, and as guarantee fees have continued to increase over the last couple of years, the economics are right to start to bring that private capital back into the mortgage market,” said Kevin Watters, CEO of Chase Mortgage.