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.

Real estate investment trusts are merging as the market begins to shift amid changes to capital requirements for banks.

Slate of new MBS announced; A&D offers high-FICO discount on non-QMs, UWM updates jumbo program; Stellar approved for due diligence by DBRS Morningstar.

CrossCountry Mortgage teamed with Hildene Capital Management on originations of expanded-credit mortgages and MBS issuance.

Entrepreneur Christian Faes has launched F2 Financing, a fix-and-flip lender looking to compete in the evolving sector.

Carrington introduces 40-year loan program; Moody’s upgrades NewRez’s expanded-credit business; DBRS Morningstar updates home equity asset class ratings methodology.