The fix-and-flip lender says a diversity of funding options will give it a “wide and nimble” credit box.

Better has record HELOC growth; loanDepot expands equityFREEDOM product portfolio; Angel Oak reduces some requirements for non-QM products.

Increases in non-agency originations contributed to earnings growth at PennyMac in the fourth quarter.

The deal is expected to boost A&D’s originations of agency loans. The lender has so far focused on expanded-credit mortgages.

Newfi has a new line of non-qualified mortgage products for delegated correspondent lenders.

The CFPB sued Vanderbilt Mortgage and Finance, alleging the manufactured-home loan lender failed to meet ability-to-repay rules when originating non-qualified mortgages.

RTL lender Groundfloor believes strong investor demand and a lack of available housing should help boost the market this year.

Loan balances on loans for investment properties increased in 2024.

After explosive growth in the second quarter, originations of adjustable-rate mortgages failed to keep pace with overall originations. (Includes data table.)

Correspondent lenders took some market share from both the retail and broker channels in the nonconforming market in the third quarter. (Includes two data tables.)