Lenders Bring Buydowns to Non-QMs September 8, 2023 James Dohnert After finding success in the agency space, lenders are testing buydowns in the non-QM market.Read More
AGMIT Profit Shrinks in 2Q; REIT Set to Acquire WAMC August 11, 2023 James Dohnert 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.Read More
Velocity Sees Loan Portfolio Growth as Banks Pull Back August 11, 2023 James Dohnert Velocity Financial increased loan production in the second quarter as demand for business-purpose loans spiked.Read More
NPLA Launches Private Lending Glossary August 11, 2023 James Dohnert The glossary is aimed at standardizing the terms and definitions used in the private lending ecosystem.Read More
M&A Activity Up in the Non-Agency Market August 11, 2023 James Dohnert Real estate investment trusts are merging as the market begins to shift amid changes to capital requirements for banks.Read More
News Briefs August 11, 2023 James Dohnert 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.Read More
CrossCountry Plans to Issue its First Non-Agency MBS July 28, 2023 James Dohnert CrossCountry Mortgage teamed with Hildene Capital Management on originations of expanded-credit mortgages and MBS issuance.Read More
New Fix-and-Flip Lender Has U.K. Ties July 28, 2023 James Dohnert Entrepreneur Christian Faes has launched F2 Financing, a fix-and-flip lender looking to compete in the evolving sector.Read More
News Briefs July 28, 2023 James Dohnert Carrington introduces 40-year loan program; Moody’s upgrades NewRez’s expanded-credit business; DBRS Morningstar updates home equity asset class ratings methodology.Read More
Investors Pulling Back From Single-Family Rental Market July 14, 2023 James Dohnert A lack of inventory and rising interest rates are driving a slowdown in availability of rental units. And investors are reassessing their portfolios.Read More