The real estate mortgage trust is ramping up its acquisitions of residential transition loans in hopes of building a steady pipeline of rated RTL MBS deals in the coming quarters.
Select Portfolio Servicing added more servicing volume from non-agency MBS than Shellpoint Mortgage Servicing in the second quarter. (Includes data table.)
Morningstar DBRS upgraded the outlook for its mortgage originator ranking of non-QM lender Acra Lending after a review that found the company has remained profitable for the last three years.