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loanDepot Launches Third Training Course on VA Loans

May 10, 2024
Monica Hogan
The course will focus on issues that originators might not yet have encountered, such as how to handle a VA loan assumption.
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Around the Industry

May 10, 2024
Monica Hogan
Former Ginnie Mae President Alanna McCargo joins FHLB San Francisco; industry and consumer groups support VA supplemental rulemaking on IRRRL program; VA drafting rule on ARMs.
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Strong Investor Demand for Non-Agency Mortgages

May 10, 2024
James Dohnert
The securitization market is favorable for non-agency mortgages, aggregators and originators noted during first-quarter earnings calls.
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Bank Partnerships Bolster Redwood’s Earnings

May 10, 2024
James Dohnert
The real estate investment trust reported a jump in net income for the first quarter, helped by a rise in lending partnerships with banks.
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NYMT Enhances Focus on BPL Acquisitions

May 10, 2024
James Dohnert
New York Mortgage Trust acquired $302.0 million of business-purpose loans in the first quarter, a 30% increase from the prior period.
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Angel Oak REIT’s Income Declines in First Quarter

May 10, 2024
James Dohnert
The company continues to offload older non-qualified mortgages, helping to increase the weighted-average coupon on its loan portfolio.
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Rithm Returns to Profit in 1Q Led by Non-Agency Originations

May 10, 2024
James Dohnert
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.
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News Briefs

May 10, 2024
James Dohnert
Carrington hires Winokur; Newfi expands EquityChoice product to new states; Loanstream offers special pricing for non-QMs.
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Acra Lending Collaborates With Money Manager for Non-QMs

May 10, 2024
Paul Muolo
The Irvine, CA-based lender has teamed up with a money manager to buy non-QMs.
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Short Takes: Ishbia Downplays Pricing Initiatives / Jumbo MBS From Goldman / Sachem's Revenue Up / Fannie Picks NPL Sale Winner

May 10, 2024
Shannon Clark and Brandon Ivey
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.
Read More
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