On an annual basis, the holdings increased by 3.2%.

Ellington Residential Mortgage REIT will rename and shift focus to investing in collateralized loan obligations.

The plaintiffs, property investors Cassaforte Limited and FRF 348 Quincy, began the case in October 2019.

Mortgage holdings at banks increased last year despite mixed results at the largest depositories, including a decline at Wells Fargo. The ARM share also increased somewhat. (Includes data table.)

Redwood Trust touted a new partnership with the Canada Pension Plan Investment Board as one of the first steps to increasing its activity in joint ventures.

A recent victory in court for Sharestates could lead to increased originator protections in the business purpose lending market.

Nonbank lenders are offering new HELOC options for homeowners who are self-employed or are looking to tap equity in their investor and second-home properties.

RCN Capital’s new tri-merge soft credit pull allows investors to qualify for a loan without negatively impacting their credit score.

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.