The real estate investment trust’s residential credit business was the most profitable during the first quarter of 2026. The company has sharply increased its investments in the segment.

Newfi Lending contributed 100% of collateral to a non-agency mortgage-backed security that started marketing this month.

AD Mortgage’s acquisition a year ago of Flagstar Bank’s third-party originator platform has helped expand its geographic reach.

To thrive in the non-agency space, many lenders point to diversification, particularly in home equity products.

Maine’s governor signed a comprehensive home equity agreement bill last week. The products remain under litigation in other states.

Newrez and Associated Healthcare Credit Union this month launched new mortgage products for medical professionals.

Splitero joins the Coalition for Home Equity Partnership board; American Association of Private Lenders implements background checks for incoming members.

Ginnie Mae attributed the rapid increase in severe FHA delinquencies to FHA’s trial payment plans rather than weakening performance.

Democrats questioned the risk-management effects of CRT at Fannie Mae and Freddie Mac under FHFA Director Bill Pulte.

After publishing new rating criteria for non-agency MBS, Fitch Ratings upgraded thousands of tranches.