Figure Technology Solutions has used HELOC lending and a loan marketplace to bolster its prospects ahead of an initial public offering.

Total nonprime servicing grew in the second quarter of 2025 after declining early in the year. Meanwhile, delinquencies on securitized non-qualified mortgages declined. (Includes data table.)

Velocity Financial reported a busy second quarter of 2025 in terms of securitizations, and leaders of the business-purpose lender expect business to continue to be strong.

Originations of residential transition loans continue to increase, though the annual growth rate has come down in recent months.

Velocity Financial opts for dual listing of its common stock; Morningstar DBRS adds inTENT Fulfillment to approved providers of due diligence.