A total of 11 new MBS hit the market in the past two weeks. Chase accounted for four of the deals, with two jumbo offerings, an investment property loan securitization in partnership with Visio-Beach Point Mortgage Trust and a securitization of closed-end second liens.

A challenging market for fix-and-flip homes has led more investors to seek financing on their projects.

Calque adds new partner for Buy Before You Sell program; Angel Oak Mortgage REIT loses board member; A&D Mortgage licensed in Vermont.

Ellington Financial, MFA Financial and AG Mortgage Investment Trust boosted net income in the fourth quarter and expect to see strong performance this year.

Velocity Financial said it benefited from less competition in its business-purpose lending niche.

Steadworth’s shared-equity agreement offering includes downpayment assistance for homebuyers.

Neuberger Berman returned to the expanded-credit MBS space with a new shelf and Logan Finance.

Bridge loan originations picked up in the second half of 2023 even as interest rates increased.

Carrington promotes CFO to CEO; FHLB of San Francisco approves Change Lending for membership.

Originations of expanded-credit mortgages declined at a slower pace than total first-lien originations last year. Citi was the top ECM lender in 2023 even though its production was off 8.3% from a year ago. (Includes data table.)