As non-qualified mortgage loans are becoming more prevalent, warehouse lenders are considering new ways to fund the sector, according to Jon Ruiss, a partner at the law firm of Alston & Bird.
Chimera Investment took a loss of $580,000 in the third quarter of 2025 due to an increase in expenses related to its acquisition of HomeXpress Mortgage.
Knock launches bridge loan product; Arrive Home expands Earned Equity Program; Angel Oak launches a rental AVM; Foundation Mortgage hires Samuel Bjelac.
Annaly Capital Management and its subsidiary, Onslow Bay Financial, had a strong third quarter, with $2.3 billion in locks of expanded-credit mortgages.