Figure Lending's newest MBS will include recently originated first- and junior-lien home equity lines of credit with an unpaid principal balance of $205.4 million.

In certain areas, Chase is offering mortgage shoppers $200 to consider a mortgage from the bank.

The top three expanded-credit volume leaders in 1Q23: Citibank, U.S. Bank and Deephaven...

“MLOs don’t want to touch non-QM if they don’t have to,” said Aaron Samples, the former CEO of First Guaranty Mortgage.

Interest rates go up again, mortgage applications go down again.

Chase leadership anticipates building strong relationships with the affluent borrowers that First Republic garnered throughout its 38-year existence.

The ratings of the GSEs are linked to ratings for the U.S., which are also on watch for downgrade amid an approach to breaching the debt ceiling.

Non-agency higher-priced mortgages are a proxy for subprime loans.

United Wholesale Mortgage now offers six fixed-rate options for jumbo mortgages.

While business is slow in most of the mortgage market, some non-QM lenders are anticipating a busy second half of 2023.