Nonbank lenders are offering new HELOC options for homeowners who are self-employed or are looking to tap equity in their investor and second-home properties.

RCN Capital’s new tri-merge soft credit pull allows investors to qualify for a loan without negatively impacting their credit score.

A challenging market for fix-and-flip homes has led more investors to seek financing on their projects.

Calque adds new partner for Buy Before You Sell program; Angel Oak Mortgage REIT loses board member; A&D Mortgage licensed in Vermont.

Ellington Financial, MFA Financial and AG Mortgage Investment Trust boosted net income in the fourth quarter and expect to see strong performance this year.

Originations of ARMs declined 20% in the fourth quarter. Still, ARM share of total originations ticked up in 2023. (Includes data table.)

Velocity Financial said it benefited from less competition in its business-purpose lending niche.

Steadworth’s shared-equity agreement offering includes downpayment assistance for homebuyers.

Bridge loan originations picked up in the second half of 2023 even as interest rates increased.

Redwood reported $21 million in net income in the fourth quarter, bouncing back after posting a $31 million loss in the third quarter.