After reporting losses in its agency portfolio in the fourth quarter, Annaly plans to boost its non-agency loan volume.

Top servicers’ jumbo portfolios declined from the third to the fourth quarter of 2023. But from a year ago, servicing volumes were up. (Includes data table.)

The lender’s new wholesale lending program will be led by Thomas Yoon, who has more than 18 years of non-QM industry experience.

Legislation to increase transparency in the CDFI Fund comes following reported issues with fund staffing and the new CDFI certification application process.

Expanded-credit securitization is heating up and prime non-agency MBS issuers are also active.

Falling interest rates are fueling optimism over growth in the fix-and-flip lending space this year, but competition from new homebuilders may dampen market expectations.

A&D Mortgage highlighted the advantages of bank statement loan products during a recent webinar.

Logan Finance hires new chief of staff; Hometap tops $1 billion in HEI funded products; Primis Bank adopts FICO Score 10 T; LendSure announces new bridge loan product; A&D Mortgage offers leap year promotion.

Lenders can sell agency-eligible mortgages for investment properties and second homes on Maxex's platform.

The Maxex mortgage platform will now connect originators with non-agency buyers of agency-eligible mortgages for investment properties and second homes.