Conforming loan limits increasing by 5.2% in 2025; A&D Mortgage using AI to help brokers understand non-QM guidelines; Splitero expands, inks agreement with investment firm.

Industry watchers said potential changes at the GSEs under the new Trump administration could lead to challenges for the secondary market.

After a busy third quarter, the firm’s production hit record levels in October.

Splitero expands to Arizona; A&D Mortgage launches free CRM; Achieve updates terms on HELOC product.

HEI provider Splitero has received a $300 million investment from funds managed by Antarctica Capital.

The business-purpose lender is moving away from multifamily project lending to focus on single-family fix-and-flip loans.

Annaly Capital Management increased its non-agency correspondent activity during the third quarter.

The seasonal decline in purchase-mortgage originations and interest rate trends will likely prompt jumbo lending to slow in the fourth quarter.

Noncore products include conforming jumbos, investor loans, cash-out refis and mortgages for second homes. (Includes data table.)

Arc’s new HELOC product is a fully digital offering that can lead to loan funding in less than five days.