The company plans to boost staffing and roll out new initiatives to continue to grow its business-purpose lending operations.

Liquid Logics and Tower1 will provide liquidity options in the growing DSCR lending space.

loanDepot introduces first-lien HELOC; MFA promotes co-chief investment officer; Calque expands buy-before-you-sell product suite.

The real estate investment trust increased its profits in the second quarter with help from new non-agency securitizations.

The sale of agency-eligible loans into non-agency MBS helped AG Mortgage stay in the black heading into the third quarter.

While profits at the business-purpose lender declined in the second quarter, executives at the nonbank are optimistic about growth.

Redwood Trust’s profits declined from the first to the second quarter, while loan locks and funding reached new highs.

Non-QM, home equity originations and business-purpose loans from Newrez and Genesis Capital helped Rithm in the second quarter.

Morningstar DBRS upgraded the outlook for its mortgage originator ranking of non-QM lender Acra Lending after a review that found the company has remained profitable for the last three years.

New research shows that, contrary to some critics, debt-to-income ratios are an effective predictor of a borrower’s ability to repay.