Unison offers its first HEA securitization; NP rebrands; Finance of America launches new reverse-mortgage product; Sherman Bridge debuts investment-property lender marketplace; Arc Home appoints new president and future CEO; UWM expands DSCR eligibility requirements.

The issuance, sized at $342.0 million, received preliminary AAA ratings from Fitch Ratings and Kroll Bond Rating Agency.

Redwood Trust and Point partnered to co-issue the second-ever rated home equity investment securitization.

MFA Financial and other non-QM players could benefit if interest rates stabilize heading into 2024.

NP launches new jumbo program; Kiavi closes $275 million RTL securitization; Xome launches investment property market educational game; SunWest debuts DSCR loan product.

The first rated HEI securitization, brought to the market by Saluda Grade and Unlock Technologies, received a BBB rating from DBRS.

Activity in the sector is expected to pick in the coming months as DBRS is close to establishing criteria to rate securitizations of residential transition loans.

Two expanded-credit MBS started marketing this week, along with a HELOC securitization.

Saluda Grade has ramped up its efforts in the home equity agreements space with new securitizations and lines of credit.

New non-QM and jumbo securitizations hit the market; The Mortgage Calculator launches DSCR product.