The total amount of nonprime servicing handled by a group of 20 specialists rose 2.2% from the end of the third quarter to the end of 2024. (Includes data table.)

Debt service coverage ratios are moving close to 1.0 but performance remains strong due to tight underwriting of borrowers.

Increased securitization issuance in the fourth quarter helped fuel profits for Ellington Financial.

Massachusetts Attorney General Andrea Joy Campbell has accused Hometap of violating state consumer protection laws.

Loan officers are learning about new financing options to help homebuyers better navigate today’s high interest rate environment.

New non-QM lender opens shop; Angel Oak REIT posts 4Q loss; A&D Mortgage and Imperial Fund look to attract more insurance company investors through a new partnership with Clearwater Analytics.

Explosive growth in business-purpose production at an affiliated originator helped Rithm turn a profit in the fourth quarter.

Redwood has grown its bank partnerships over the last couple of years to prepare for a market in which depositories want to move away from mortgage lending.

A friendlier stance towards cryptocurrency companies from the White House could boost crypto-backed mortgages in the coming years.

Better has record HELOC growth; loanDepot expands equityFREEDOM product portfolio; Angel Oak reduces some requirements for non-QM products.