New York Mortgage Trust acquired $302.0 million of business-purpose loans in the first quarter, a 30% increase from the prior period.

The company continues to offload older non-qualified mortgages, helping to increase the weighted-average coupon on its loan portfolio.

The real estate investment trust originates non-qualified mortgage, home equity and agency loans through its NewRez unit, and funds residential transition loans through its Genesis Capital affiliate.

Carrington hires Winokur; Newfi expands EquityChoice product to new states; Loanstream offers special pricing for non-QMs.

The Irvine, CA-based lender has teamed up with a money manager to buy non-QMs.

Goldman markets a new jumbo loan, Fannie releases results of a non-performing loan sale, Sachem's revenue grows in the first quarter and UWM's CEO downplays pricing initiatives.

With Freddie finally increasing its STACR issuance in the first quarter, the GSEs’ slump in CRT activity could be abating. Older deals continue to be retired in a steady stream of tender offers by the enterprises. (Includes data table.)

Acra is once again entertaining the idea of issuing MBS through its own shelf. The wholesaler has also teamed up with a money manager.

The new complaint against the NCSLT builds on a recent court ruling affirming that the CFPB has regulatory powers over ABS trusts.

In a ruling last week, the Third Circuit didn’t seem to agree with a district court that Commerzbank is contractually barred from bringing claims against trusts for agreements with no-action clauses.