Angel Oak Mortgage REIT, which aggregates non-QMs, returned to the black in 2023 after overhauling its strategy in late 2022.

Carrington promotes CFO to CEO; FHLB of San Francisco approves Change Lending for membership.

Insurance companies and European investors have shown a growing interest in MBS backed by expanded-credit mortgages. However, there is not enough supply to meet demand.

New benchmarks point to improved underwriting standards compared with collateral in non-agency MBS prior to the financial crisis of 2008.

Premier Lending will use the new FICO 10 T scoring model for its nonconforming originations.

Finance of America to issue MBS backed by jumbo reverse mortgages; Aslan teams with Calque; 5th Street Capital licensed in Wyoming.

After reporting losses in its agency portfolio in the fourth quarter, Annaly plans to boost its non-agency loan volume.

Legislation to increase transparency in the CDFI Fund comes following reported issues with fund staffing and the new CDFI certification application process.

Expanded-credit securitization is heating up and prime non-agency MBS issuers are also active.

Falling interest rates are fueling optimism over growth in the fix-and-flip lending space this year, but competition from new homebuilders may dampen market expectations.