PIMCO owns at least one mortgage company, First Guaranty Mortgage Corp., in Tysons Corner, VA. Earlier this year, FGMC launched a non-QM brand called Maverick…
Ocwen’s Liberty Home Equity Solutions recently launched a non-agency reverse mortgage product. The EquityIQ loan allows borrowers to access up to $4 million in up-front cash...
Mortgage-investing REITs continue to tap the equities market. And it’s occurring at an odd time: The Dow Jones Industrial Average is gyrating like a drunken puppet.