Conforming loan limits increasing by 5.2% in 2025; A&D Mortgage using AI to help brokers understand non-QM guidelines; Splitero expands, inks agreement with investment firm.

Splitero expands to Arizona; A&D Mortgage launches free CRM; Achieve updates terms on HELOC product.

The new joint venture has already issued its first MBS, with expanded-credit mortgages originated by A&D Mortgage.

A&D Mortgage has partnered with Atlas Merchant Capital to fund more expanded-credit MBS transactions.

The loans backing the security were originated by A&D or its third-party correspondents.

A rise in securitization of expanded-credit mortgages from Annaly Capital Management and Invictus Capital Partners helped the ECM securities market grow in the second quarter. (Includes three data tables.)

The product allows for debt service coverage ratio below 0.75, while many DSCR lenders require a ratio of at least 1.0.

Deephaven expands DSCR program guidelines; Ares Management markets first non-QM MBS in over a year; A&D Mortgage introduces a partner loyalty program; Angel Oak Mortgage REIT plans $50 million debt offering.

The historical VantageScore data are available to approved users to help with the GSEs' planned acceptance of the credit score.

A&D Mortgage increases loan limits for foreign national loans; Invictus Capital Partners starts loan-selling business for insurance companies; Dunmor adds two new executives.