NYMT Pays Nearly $40 Million for Remaining 50% of BPL Lender July 31, 2025 Brandon Ivey Constructive has 165 employees and originated $840 million of loans in the first half of 2025.Read More
Mortgage Company Sells Off Distillery, Completing Transformation July 29, 2025 Brandon Ivey The distillery was the last tie to the legacy business of Eastside Distilling, a publicly-traded company that acquired a mortgage lender in 2024.Read More
Short Takes: Home Prices Slip in May / Rithm Pulls Back on Plans for Newrez Spinoff / Hsieh Named CEO at loanDepot / Outlook Shifts for Acra July 29, 2025 Brandon Ivey Home prices were down 0.2% on a monthly basis in May, according to FHFA.Read More
Maryland Bank to Acquire Mortgage Broker Shop July 9, 2025 Brandon Ivey The Bank of Glen Burnie will pay $750,000 along with sharing profits for three years and an origination-based add-on.Read More
Piper’s Mid-Year Take on Mortgages: No Normalcy Yet July 2, 2025 Paul Muolo Piper: "The primary-secondary spread has averaged 1.06% in 2Q25, below the 1Q25 average of 1.12%."Read More
First American Sticks Its Toe in the MSR Brokerage Pool July 1, 2025 Paul Muolo Bob Caruso is in charge of the servicing brokerage platform.Read More
The Mortgage M&A Game: Who’s Next? June 30, 2025 Paul Muolo A half-dozen or so privately held top-40 home lenders are supposedly “all ears” when it comes to takeover offers.Read More
Architecture Firm to Acquire Non-QM Lender June 27, 2025 Brandon Ivey RateDNA is tied to Aspire Homes Realty, a real estate brokerage focused on investment properties.Read More
Short Takes: Senate Swiftly Passes Trigger Lead Bill / Rocket Ramps Up CES Securitization / Disaster Recovery Program in California / From Mortgage Stadium to Bounce House June 13, 2025 Brandon Ivey The Senate joined the House in passing legislation to restrict trigger leads tied to mortgage applications.Read More
Chimera to Acquire Non-QM Lender HomeXpress June 12, 2025 Brandon Ivey The REIT plans to sell the mortgages originated by HomeXpress and retain some mortgage servicing rights.Read More