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Outlook for SPS Stable Following Ownership Change

October 17, 2025
Abby Zimmardi
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.
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Incenter Touts Increase in Pre-Close Eligibility Reviews

October 17, 2025
Abby Zimmardi
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.
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Angel Oak Seeing Strong Demand for ARMs

October 17, 2025
Abby Zimmardi
Angel Oak Mortgage Solutions launched new adjustable-rate mortgage products last week.
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Strong Demand for First RTL Securitization From Archwest

October 17, 2025
Abby Zimmardi
The $274.5 million issuance of residential transition loans was oversubscribed nearly five times.
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Figure Launches Platform for DSCR Mortgages

October 17, 2025
Abby Zimmardi
The platform facilitates originations and sales of debt service coverage ratio mortgages.
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LBC Mortgage Expands Lending Area for DSCR Loans

October 17, 2025
Abby Zimmardi
The California-based lender is now offering DSCR mortgages in 40 states.
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News Briefs

October 17, 2025
Abby Zimmardi
LoanLogics offering non-QM bank statement analysis; PHH revamps non-QM offerings; Visio increasing production.
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GSE Conforming Jumbo Business Trending Down in 2025

October 3, 2025
Abby Zimmardi
The volume of conforming jumbo mortgages in the first nine months of 2025 fell by 17.2% compared to 2024. (Includes data table.)
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Delinquencies on Non-QMs Spike in August

October 3, 2025
Abby Zimmardi
The impairment rate on securitized non-qualified mortgages rose sharply in August. The increase can largely be explained by the month ending on a Sunday, according to dv01.
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Expanded-Credit Lenders Partner With Investors

October 3, 2025
Abby Zimmardi
Invictus Capital Partners and CrossCountry announced separate partnerships with loan investors.
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