The sale of agency-eligible loans into non-agency MBS helped AG Mortgage stay in the black heading into the third quarter.

While profits at the business-purpose lender declined in the second quarter, executives at the nonbank are optimistic about growth.

Angel Oak promotes a slate of employees; JPMorgan Chase working on a security backed solely by adjustable-rate mortgages.

Originations from Rocket Mortgage and Rate helped increase issuance of prime non-agency MBS in the second quarter. (Includes three data tables.)

Sticky inflation and an expectation for future rate cuts caused the REIT to decrease its non-agency loan holdings in the second quarter.

Redwood Trust’s profits declined from the first to the second quarter, while loan locks and funding reached new highs.

Non-QM, home equity originations and business-purpose loans from Newrez and Genesis Capital helped Rithm in the second quarter.

Morningstar DBRS upgraded the outlook for its mortgage originator ranking of non-QM lender Acra Lending after a review that found the company has remained profitable for the last three years.

Voxtur and Deephaven team on mortgage pipeline technology; CMG Mortgage to use FICO Score 10 T; Riskspan analyzes RTLs; ex-CEO of Genesis Capital launches new lending company.

Experts speaking at an event hosted by the Urban Institute said that CDFIs are developing novel ways to help more underserved borrowers achieve homeownership.