The company’s buy-before-you-sell product will initially be offered through the wholesale channel.

Acra Lending implements Tavant solution; Angel Oak Mortgage announces guideline enhancements; Fluent Mortgage expands East Coast footprint; ClearEdge Lending adds P&L underwriting to all non-QM programs.

Lenders are considering alt-doc loans to drum up originations in a highly compressed market.

Saluda Grade has ramped up its efforts in the home equity agreements space with new securitizations and lines of credit.

The rise in expanded-credit originations in the second quarter aligned with overall trends in the mortgage market. (Includes data chart.)

The new in-house home equity investment origination platform will operate through Redwood’s correspondent channel and a direct-to-consumer originations platform.

After finding success in the agency space, lenders are testing buydowns in the non-QM market.

On completion of the merger, AGMIT and WAMC will have a combined investment portfolio of $5.7 billion, largely made up of non-agency mortgages.

Velocity Financial increased loan production in the second quarter as demand for business-purpose loans spiked.

The glossary is aimed at standardizing the terms and definitions used in the private lending ecosystem.