LoanNex reported an increase in non-QM pricing scenarios in October as borrowers are more willing to lock loans in the current interest rate environment.

In a tight lending environment, lenders report success from loan products for medical professionals.

LendSure’s reverse 1031 exchange with bridge loan program offers investors the chance to defer capital gains taxes when selling one investment property and buying another.

LendSure launches P&L program; AAPL appoints new president; Annaly Capital Management starts marketing expanded-credit MBS.

A reduction in operating expenses and acquisitions of newly originated non-qualified mortgages helped Angel Oak’s mortgage REIT post an $8.3 million profit in the third quarter.

Ellington Financial’s profits increased in the third quarter thanks to moves involving non-agency mortgages. Meanwhile, AG Mortgage Investment Trust took a loss in the quarter.

MFA Financial’s CEO said the third quarter of 2023 was its toughest since the Federal Reserve began its rate-hiking cycle 20 months ago.

Student loan debt and rising interest rates are causing challenges for mortgages underwritten using debt service coverage ratios.

Altisource Asset Management spilled $13.4 million of red ink in the third quarter, bringing its total losses to $23.9 million since the fourth quarter of 2022.

CFPB increases threshold to determine whether higher-priced mortgage loans are subject to special appraisal requirements; LoanStream licensed in Alaska; Upstart launches HELOC product; Valley National Bank launches HELOC for LMI borrowers.