News Briefs October 6, 2023 James Dohnert 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.Read More
Alternative-Doc Loans Pique Lenders’ Interest September 22, 2023 James Dohnert Lenders are considering alt-doc loans to drum up originations in a highly compressed market.Read More
Saluda Grade Expands Efforts on Home Equity Agreements September 22, 2023 James Dohnert Saluda Grade has ramped up its efforts in the home equity agreements space with new securitizations and lines of credit.Read More
Expanded-Credit Lending Roars Back in Second Quarter September 8, 2023 James Dohnert The rise in expanded-credit originations in the second quarter aligned with overall trends in the mortgage market. (Includes data chart.)Read More
Redwood Launches Home Equity Investment Platform September 8, 2023 James Dohnert The new in-house home equity investment origination platform will operate through Redwood’s correspondent channel and a direct-to-consumer originations platform.Read More
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