Activity in the sector is expected to pick in the coming months as DBRS is close to establishing criteria to rate securitizations of residential transition loans.

Even with elevated interest rates, some borrowers are opting for cash-out refinances to tap home equity.

Movement Mortgage is the first lender to announce that it will be using FICO Score 10-T for originating non-agency loans.

Two expanded-credit MBS started marketing this week, along with a HELOC securitization.

Acra Lending implements Tavant solution; Angel Oak Mortgage announces guideline enhancements; Fluent Mortgage expands East Coast footprint; ClearEdge Lending adds P&L underwriting to all non-QM programs.

The FDIC found that stronger regulatory supervision could have made First Republic more resilient following the collapse of Silicon Valley Bank and Signature Bank.

Helped by its acquisition of First Republic Bank, JPMorgan Chase overtook Wells Fargo to have the largest first-lien portfolio among banks and thrifts in the second quarter. (Includes data chart.)

Lenders are considering alt-doc loans to drum up originations in a highly compressed market.

Saluda Grade has ramped up its efforts in the home equity agreements space with new securitizations and lines of credit.

New regulations around short-term rentals have put the squeeze on mortgages for second homes.