Buy-before-you-sell loan provider Calque has filed a patent for parts of its Trade-In Mortgage product.

A&D Mortgage has debuted a mortgage program designed to provide new homeownership options for non-permanent residents who have an individual taxpayer identification number issued by the IRS.

Non-QM lenders forecast growing origination volumes and a need for more staff to handle increased production.

NewFi Lending is touting its EquityChoice product as one of the first new mortgage products to hit the market in more than 30 years.

New legislation that would make it easier for workers in the legal cannabis industry to receive mortgage financing is unlikely to pass the Senate in 2024.

Planet Home Lending plans to grow its construction loan volume this year and recently hired a construction sales manager.

The amount of fix-and-flip properties sold in the third quarter of last year was down slightly but investors are hopeful that the market will pick up steam in 2024.

NQM Funding updates DSCR product requirements; Truss Financial Group debuts no tax return HELOC product; Academy Mortgage launches DSCR offering; Angel Oak issues non-agency MBS that leverages blockchain technology.

While the retail channel remained the predominant source for jumbo lending, originations through the channel fell 9.0% from the second to the third quarter. Correspondents and brokers gained share. (Includes data table.)

The changes to the CDFI certification process provide increased flexibility while ensuring organizations remain mission driven.