The HELOC program will use 12 or 24 months of bank statements for income verification.

The A&D mortgage shelf plans to issue six expanded-credit MBS this year.

Liquidity challenges over the past year are expected to cause banks to sell jumbo loans to aggregators at a discount this year.

Despite growing delinquencies, Morningstar DBRS has provided a stable outlook for the securitization markets involving non-QM loans and HEI agreements.

Anchor debuts TPO channel; Kiavi issues unrated residential transition loans securitization; Acra Lending launches new broker portal.

Angel Oak executives believe home equity products for self-employed and non-QM borrowers could be a growth area for brokers this year.

CrossCountry Mortgage has agreed to exclusively use FICO 10-T scores for loans securitized through its CROSS shelf.

The tool for non-QM lenders is designed to help replace the 1007 form traditionally used for appraising rental properties.

Downpayments has secured funding allowing it to offer downpayment loans for investment properties secured by a second mortgage.

Buy-before-you-sell loan provider Calque has filed a patent for parts of its Trade-In Mortgage product.