Ares Alternative Credit will purchase non-qualified mortgages from LenderMAC, as well as provide strategic capital to the lender.

A federal court vacated its prior decision on a case regarding regulation of home equity investment products, allowing a lower court’s decision to dismiss the case to stand.

Newfi Wholesale launches bank statement analysis offering; Columbia Threadneedle Investments partners with Long Run Partners to securitize non-agency mortgages.

Fitch Ratings revised its rating outlook for Select Portfolio Servicing from negative to stable, citing a new owner for the nonprime servicer and other factors.

A growing number of investors are asking loan sellers to complete pre-close eligibility for non-agency mortgages, according to the third-party review firm.

Angel Oak Mortgage Solutions launched new adjustable-rate mortgage products last week.

The $274.5 million issuance of residential transition loans was oversubscribed nearly five times.

The platform facilitates originations and sales of debt service coverage ratio mortgages.

The California-based lender is now offering DSCR mortgages in 40 states.

LoanLogics offering non-QM bank statement analysis; PHH revamps non-QM offerings; Visio increasing production.