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Calque Seeks Patent for Trade-In Mortgages

January 19, 2024
James Dohnert
Buy-before-you-sell loan provider Calque has filed a patent for parts of its Trade-In Mortgage product.
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A&D Launches Product for Non-Permanent Residents

January 19, 2024
James Dohnert
A&D Mortgage has debuted a mortgage program designed to provide new homeownership options for non-permanent residents who have an individual taxpayer identification number issued by the IRS.
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Expanded-Credit MBS Issuance Kicks Off in 2024

January 19, 2024
James Dohnert
New expanded-credit mortgage-backed securities from Angel Oak Mortgage, A&D Mortgage, CrossCountry Mortgage and Invictus Capital Partners started marketing in the last two weeks.
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News Briefs

January 19, 2024
James Dohnert
Angel Oak promotes chief investment officer; mortgage credit availability for jumbos drops in December; Logan Finance hires Paramount Residential Mortgage Group alumnus.
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Non-QM Lenders Aim to Grow Headcount in 2024

January 5, 2024
James Dohnert
Non-QM lenders forecast growing origination volumes and a need for more staff to handle increased production.
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Non-QM Delinquencies Jump in November

January 5, 2024
James Dohnert
Delinquencies on non-qualified mortgages spiked in November, adding to a “worrying” trend, according to dv01.
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NewFi Launches Shared Appreciation Product

January 5, 2024
James Dohnert
NewFi Lending is touting its EquityChoice product as one of the first new mortgage products to hit the market in more than 30 years.
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Altisource Names Ocwen Founder Erbey as CEO

January 5, 2024
James Dohnert
William Erbey, the founder of Ocwen Financial, was selected as CEO of Altisource Asset Management. Erbey owns nearly 50% of AAM.
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Dim Outlook for Cannabis Mortgage Bill in Congress

January 5, 2024
James Dohnert
New legislation that would make it easier for workers in the legal cannabis industry to receive mortgage financing is unlikely to pass the Senate in 2024.
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Planet Home Lending Expects Construction Lending Boost

January 5, 2024
James Dohnert
Planet Home Lending plans to grow its construction loan volume this year and recently hired a construction sales manager.
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