The lender completed a capital raise, with plans to originate more residential transition loans and potentially issue MBS.

HomeLend, which aims to increase liquidity in the mortgage market, completed a new investment round.

Click n’ Close expands shared appreciation mortgage product offering; and Kiavi promotes Tim Lawlor to the post of chief financial officer.

JPMorgan Chase remained the top issuer of non-agency MBS in the third quarter, increasing its issuance by 25.8%. (Includes data tables.)

The move aims to bring Maxex’s jumbo program more in line with conventionally underwritten loans.

The former president has proposed banning mortgages for undocumented immigrants if elected to a second term. At this point, the loans are largely only available in the non-agency market.

Noncore products include conforming jumbos, investor loans, cash-out refis and mortgages for second homes. (Includes data table.)

Arc’s new HELOC product is a fully digital offering that can lead to loan funding in less than five days.

Planet Management Group is increasing its non-agency servicing portfolio and recently received an upgraded rating.

Genesis Capital has issued more than $1 billion in rated residential transition loan securitizations since Morningstar DBRS started rating the securitizations in March.