After a long slowdown tied to the pandemic, the Angel Oak family of companies is ramping up its originations of non-QMs...

Roughly 14.1% of borrowers who applied for an FHA-insured purchase loan were turned down last year, compared to 12.4% in 2019.

The renewed emphasis on the correspondent channel was widespread, with nearly every lender in the group increasing originations on a sequential basis.

EnerBank — a subsidiary of CMS Energy — has funded $11.6 billion in home improvement projects since 2002 and currently boasts loan balances of $2.8 billion.

The collateral was originated by Flagstar and has seasoned for roughly two months.

In the first quarter of 2021, expanded-credit mortgages accounted for 0.7% of total first-lien production compared to 2.2% for all of 2019.

A&D's MBS is stocked with new production while PIMCO is tapping mortgages originated by Citadel Servicing Corp. nearly four years ago.

The switch to the new standards created some complications for single-closing construction-to-permanent loans and other products...

Most expanded-credit deals issued this year have been stocked with pre-pandemic loans...

Roughly one-third of mortgages have seasoned for more than two years and were called from previously issued MBS.