Redwood said it will now aggregate bank statement loans, CPA-prepared profit-and-loss statements and debt service coverage ratio loans through its Aspire correspondent platform.
Correspondent lenders took some market share from both the retail and broker channels in the nonconforming market in the third quarter. (Includes two data tables.)
JPMorgan Chase started marketing a variety of non-agency MBS over the past two weeks, including its first deal stocked with non-QMs for primary residences.
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.