As non-qualified mortgage loans are becoming more prevalent, warehouse lenders are considering new ways to fund the sector, according to Jon Ruiss, a partner at the law firm of Alston & Bird.

AG Mortgage Investment Trust acquired an additional 21.4% ownership of Arc Home and generated $20.0 million of income in the third quarter of 2025.

After profits declined in the second quarter, Angel Oak Mortgage REIT reported an increase in net income for the third quarter of 2025.

Adamas Trust is investing in agency mortgage-backed securities, deploying $1.8 billion in agency MBS during the third quarter of 2025.

Chimera Investment took a loss of $580,000 in the third quarter of 2025 due to an increase in expenses related to its acquisition of HomeXpress Mortgage.

Non-agency mortgage lenders were alerted to fraud tied to appraisals over the summer, and months later, fraud in the non-QM market is still present.

Knock launches bridge loan product; Arrive Home expands Earned Equity Program; Angel Oak launches a rental AVM; Foundation Mortgage hires Samuel Bjelac.

During the third quarter of 2025, Pennymac once again passed JPMorgan Chase as the largest contributor to prime non-agency mortgage-backed securities. (Includes three data tables.)

Annaly Capital Management and its subsidiary, Onslow Bay Financial, had a strong third quarter, with $2.3 billion in locks of expanded-credit mortgages.

The company has expanded its issuance of non-agency MBS beyond GSE-eligible mortgages for non-owner-occupied properties, adding traditional GSE mortgages to the mix.