Tomo said it can save the typical homebuyer $4,000 at closing through the use of its AI underwriting software.

Fix-and-flip operators saw increased competition in some areas in the fourth quarter, but are optimistic for growth in 2025.

The lawsuit involves paperwork errors for the titles of 10 Georgia properties where Groundfloor provided business purpose loans.

Santander Bank joins non-QM MBS issuer ranks; Annaly starts securitizing HELOCs; AFR improves pricing on non-owner-occupied loans; A&D Mortgage launches AUS platform for non-QM loans.

Jumbo originations increased by more than double digits from the third to the fourth quarter of 2024. On an annual basis, the jumbo share of total originations held steady. (Includes data table.)

Insurance companies are using whole-loan purchases to better define the credit box for originations.

The total amount of nonprime servicing handled by a group of 20 specialists rose 2.2% from the end of the third quarter to the end of 2024. (Includes data table.)

Debt service coverage ratios are moving close to 1.0 but performance remains strong due to tight underwriting of borrowers.

Increased securitization issuance in the fourth quarter helped fuel profits for Ellington Financial.

New ratings methodology and additional historical data on home equity investments should boost investor demand for the product in 2025.