The business-purpose lender launched a broker channel and expects to expand its wholesale operations in the years to come.

It remains a challenge to finance accessory dwelling units through traditional mortgage products. A new financing option from an ADU builder looks to overcome that challenge.

Quarter says the funds will be used to finance 300 additional homes.

One in 12 home sales in the first quarter of 2024 was a flipped home, but only one-third of flippers used financing.

EquiFi hires new leadership for mortgage division; Encompass Lending to use FICO Score 10T; LoanStream announces July pricing special; Change Lending appoints new CFO.

Innovation and concerns are arising in the home equity lending space as home values increase.

The housing environment and new rating methodology have led to an improving securitization market for business purpose loans.

Proposed regulatory changes on bank deposits have led to an increase in partnerships between Redwood Trust and depositories.

Insurance companies are looking to build on their non-QM investments in the years to come.

Figure believes its new HELOC marketplace can be a “game changer” for originators.