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News Briefs

January 24, 2025
James Dohnert
Redwood announces debt offering; Newfi invests in Dunmor; Visio appoints new CEO.
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Redwood’s Aspire Platform Increases Expanded-Credit Offerings

January 10, 2025
James Dohnert
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.
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HomeLend Launches New Jumbo Offerings

January 10, 2025
James Dohnert
The mortgage marketplace and conduit is offering prime and non-QM jumbo products.
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Usual Issuers Kick Off Non-Agency MBS for 2025

January 10, 2025
James Dohnert
Three issuers have started marketing non-agency MBS thus far in January, including two expanded-credit MBS.
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Correspondent Channel Gains Share of Nonconforming Market

December 20, 2024
James Dohnert
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.)
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Shellpoint Regains Lead Among Non-Agency MBS Servicers

December 20, 2024
James Dohnert
Shellpoint handled servicing on 32.3% of the non-agency MBS issued during the third quarter. (Includes data table.)
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Chase Leads Last Batch of Non-Agency MBS for 2024

December 20, 2024
James Dohnert
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.
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PennyMac Ramps Up Jumbo Lending, Plans MBS

December 6, 2024
James Dohnert
PennyMac looks to re-enter the jumbo MBS market after last issuing a deal in 2013.
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Michigan’s Dart Bank Bullish on Jumbo Wholesale Lending

December 6, 2024
James Dohnert
Dart Bank’s wholesale division launched a new jumbo product.
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News Briefs

December 6, 2024
James Dohnert
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.
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