Founders of the hedge fund allege that company executives are breaching their fiduciary duty by blocking shareholders from hearing details of a rival bid to Rithm Capital’s offer.

NP launches new jumbo program; Kiavi closes $275 million RTL securitization; Xome launches investment property market educational game; SunWest debuts DSCR loan product.

Proposed capital requirements for large banks would have an impact on high loan-to-value loans to borrowers in underserved communities, according to an analysis by the Urban Institute.

The first rated HEI securitization, brought to the market by Saluda Grade and Unlock Technologies, received a BBB rating from DBRS.

Activity in the sector is expected to pick in the coming months as DBRS is close to establishing criteria to rate securitizations of residential transition loans.

Even with elevated interest rates, some borrowers are opting for cash-out refinances to tap home equity.

Movement Mortgage is the first lender to announce that it will be using FICO Score 10-T for originating non-agency loans.

Two expanded-credit MBS started marketing this week, along with a HELOC securitization.

Acra Lending implements Tavant solution; Angel Oak Mortgage announces guideline enhancements; Fluent Mortgage expands East Coast footprint; ClearEdge Lending adds P&L underwriting to all non-QM programs.

The FDIC found that stronger regulatory supervision could have made First Republic more resilient following the collapse of Silicon Valley Bank and Signature Bank.