Goldman Sachs jumped into the HELOC securitization market, sourcing HELOCs from various lenders.

Home price appreciation and increased borrower pay-downs led to upgrades for a handful of MBS backed by home equity loans.

Three prime non-agency MBS hit the market this week, largely with loans that were eligible for sale to the GSEs. Two expanded-credit deals also started marketing.

A&D announces new pricing tiers for DSCR loans; REMN Wholesale announces June pricing special; Acra has record-breaking May; Champions hires new VP of underwriting.

Freddie Mac’s proposal to acquire closed-end second liens is unnecessary because there are adequate options available in the non-agency market, according to a number of trade groups.

The deal includes a mix of second liens underwritten to bank statements and full documentation.

Lenders and tech vendors believe AI can be used to help qualify more nontraditional borrowers in the non-QM space.

EasyKnock, a New York-based home equity solutions platform, this month acquired HomePace, a Park City, UT-based provider of home equity investments.

Morningstar has positive outlook for Acra; PRMG adopts FICO Score 10 T for non-QM underwriting; SG Capital Partners updates guidelines.

The securitization market is favorable for non-agency mortgages, aggregators and originators noted during first-quarter earnings calls.