Legislation in 12 states may impact the buying power of foreign nationals from seven countries.

Deephaven Mortgage and Arc Home are looking to add to their operations and sales teams to take advantage of upcoming opportunities in the non-QM space.

Real estate investment trusts are facing adversity in the non-qualified mortgage space due to high interest rates and low originations.

Income spiked at MFA Financial in the first quarter of 2023. Officials attributed the improvement to prudent risk management maneuvers.

Velocity Financial reduced its production of business purpose loans for the second consecutive quarter but remained profitable in the early months of 2023.

Republic First Bank exits mortgage business; LoanNex’s non-QM marketplace comes to LendingPad; Former Athas Capital CEO to launch non-QM shop; new non-agency MBS; Maxex debuts program for alternative-doc loans.

A growing community of non-QM lenders are providing funding for people working in the cannabis industry who can’t get traditional financing.

Angel Oak Mortgage operated at a breakeven level in the first quarter despite increased activity in new loan purchases and securitization.

Bank statement, debt servicing credit ratio and home-equity line of credit products are bringing new value to originators, according to LoanNEX.

After a lull around the end of the first quarter, a number of expanded-credit MBS have hit the market, with more deals planned.