Experts speaking at an event hosted by the Urban Institute said that CDFIs are developing novel ways to help more underserved borrowers achieve homeownership.

The business-purpose lender launched a broker channel and expects to expand its wholesale operations in the years to come.

It remains a challenge to finance accessory dwelling units through traditional mortgage products. A new financing option from an ADU builder looks to overcome that challenge.

Quarter says the funds will be used to finance 300 additional homes.

EquiFi hires new leadership for mortgage division; Encompass Lending to use FICO Score 10T; LoanStream announces July pricing special; Change Lending appoints new CFO.

Innovation and concerns are arising in the home equity lending space as home values increase.

Proposed regulatory changes on bank deposits have led to an increase in partnerships between Redwood Trust and depositories.

Figure believes its new HELOC marketplace can be a “game changer” for originators.

Accessory dwelling units and manufactured homes offer new niches for non-QM lenders to target.

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.