Annaly Capital Management plans to increase dedicated capital for its residential credit business with an emphasis on taking banks’ expanded-credit loans.

A growing community of non-QM lenders are providing funding for people working in the cannabis industry who can’t get traditional financing.

Angel Oak Mortgage operated at a breakeven level in the first quarter despite increased activity in new loan purchases and securitization.

Three new MBS hit the market; non-QM impairments declined in March; Impac Mortgage delisted from NYSE.

While real estate lending might not feel the brunt of a possible credit squeeze, products like jumbo mortgages could still face challenges. There are signs that banks have reduced their appetite for the loans.

Conforming jumbos, cash-out refinances and mortgages for investment properties and second homes are becoming less prevalent in deliveries to the government-sponsored enterprises. (Includes data chart.)

Bank statement, debt servicing credit ratio and home-equity line of credit products are bringing new value to originators, according to LoanNEX.

Players in the cryptocurrency-backed mortgage space still see optimism for the future even as the “crypto winter” moves into spring.

After a lull around the end of the first quarter, a number of expanded-credit MBS have hit the market, with more deals planned.

The volatility in interest rates, elevated housing prices and a lag in rental growth numbers are all prompting more investors to lock in loans with debt service coverage ratios below 1.0.