A&D Mortgage increases loan limits for foreign national loans; Invictus Capital Partners starts loan-selling business for insurance companies; Dunmor adds two new executives.

Originations of adjustable-rate mortgages continued to decline in the first quarter of 2024.

Newfi will provide a financing facility to Dunmor to help expand its footprint in the residential transition loan space.

A&D announces new pricing tiers for DSCR loans; REMN Wholesale announces June pricing special; Acra has record-breaking May; Champions hires new VP of underwriting.

Originations of jumbo mortgages declined in the first three months of the year driven by a retreat among banks. Nonbank lenders picked up some of the slack. (Includes data table.)

Lenders and tech vendors believe AI can be used to help qualify more nontraditional borrowers in the non-QM space.

EasyKnock, a New York-based home equity solutions platform, this month acquired HomePace, a Park City, UT-based provider of home equity investments.

Morningstar has positive outlook for Acra; PRMG adopts FICO Score 10 T for non-QM underwriting; SG Capital Partners updates guidelines.

Originations of higher-priced loans, a proxy for subprime mortgages, declined in 2023 but held up better than total originations. (Includes two data tables.)

New York Mortgage Trust acquired $302.0 million of business-purpose loans in the first quarter, a 30% increase from the prior period.