While home prices are providing a lift for jumbo originations, many banks have a risk aversion to the products in the current rate environment.

CrossCountry Mortgage teamed with Hildene Capital Management on originations of expanded-credit mortgages and MBS issuance.

Sterling Bank and Trust leadership said they were optimistic that they will be able to move forward after paying $27.2 million in restitution to shareholders tied to fraud on a shuttered non-QM program.

Entrepreneur Christian Faes has launched F2 Financing, a fix-and-flip lender looking to compete in the evolving sector.

Carrington introduces 40-year loan program; Moody’s upgrades NewRez’s expanded-credit business; DBRS Morningstar updates home equity asset class ratings methodology.

Mortgage loans provide good portfolio diversification and match up well with insurers’ long-term liabilities.

Financial services company Charles Schwab is expanding a program that offers discounted mortgage rates in a bid to draw more high-net-worth clients.

The Mortgage Calculator is leveraging multimedia and an in-house technology team to be as transparent as possible with its broker partners.

Lenders are launching or expanding programs for foreign nationals, borrowers with credit events and short-term rentals.

A lack of inventory and rising interest rates are driving a slowdown in availability of rental units. And investors are reassessing their portfolios.