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News Briefs

February 2, 2024
James Dohnert
Anchor debuts TPO channel; Kiavi issues unrated residential transition loans securitization; Acra Lending launches new broker portal.
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Angel Oak Predicts Growth for Niche Equity Products

January 19, 2024
James Dohnert
Angel Oak executives believe home equity products for self-employed and non-QM borrowers could be a growth area for brokers this year.
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CrossCountry Adopts FICO Score 10-T for Non-Agency Mortgages

January 19, 2024
James Dohnert
CrossCountry Mortgage has agreed to exclusively use FICO 10-T scores for loans securitized through its CROSS shelf.
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Opteon Launches Short-Term Rental Analysis Tool

January 19, 2024
James Dohnert
The tool for non-QM lenders is designed to help replace the 1007 form traditionally used for appraising rental properties.
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Fintech Offers Home Equity Financing for Real Estate Investors

January 19, 2024
James Dohnert
Downpayments has secured funding allowing it to offer downpayment loans for investment properties secured by a second mortgage.
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Calque Seeks Patent for Trade-In Mortgages

January 19, 2024
James Dohnert
Buy-before-you-sell loan provider Calque has filed a patent for parts of its Trade-In Mortgage product.
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A&D Launches Product for Non-Permanent Residents

January 19, 2024
James Dohnert
A&D Mortgage has debuted a mortgage program designed to provide new homeownership options for non-permanent residents who have an individual taxpayer identification number issued by the IRS.
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Expanded-Credit MBS Issuance Kicks Off in 2024

January 19, 2024
James Dohnert
New expanded-credit mortgage-backed securities from Angel Oak Mortgage, A&D Mortgage, CrossCountry Mortgage and Invictus Capital Partners started marketing in the last two weeks.
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News Briefs

January 19, 2024
James Dohnert
Angel Oak promotes chief investment officer; mortgage credit availability for jumbos drops in December; Logan Finance hires Paramount Residential Mortgage Group alumnus.
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Non-QM Lenders Aim to Grow Headcount in 2024

January 5, 2024
James Dohnert
Non-QM lenders forecast growing origination volumes and a need for more staff to handle increased production.
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