Angel Oak REIT to Ramp Up Securitizations After 2Q Losses August 11, 2023 James Dohnert Following a brief pause on acquiring new loans, the REIT affiliated with Angel Oak Companies plans to increase its securitization output.Read More
NPLA Launches Private Lending Glossary August 11, 2023 James Dohnert The glossary is aimed at standardizing the terms and definitions used in the private lending ecosystem.Read More
M&A Activity Up in the Non-Agency Market August 11, 2023 James Dohnert Real estate investment trusts are merging as the market begins to shift amid changes to capital requirements for banks.Read More
News Briefs August 11, 2023 James Dohnert Slate of new MBS announced; A&D offers high-FICO discount on non-QMs, UWM updates jumbo program; Stellar approved for due diligence by DBRS Morningstar.Read More
CMBS Delinquencies Reach Highest Levels Since 2021 August 10, 2023 James Dohnert CMBS delinquencies are on the rise but some industry participants believe fears of mass foreclosures in the sector are overblown.Read More
Banks Pull Back on Mortgage Lending Amid Liquidity Concerns August 10, 2023 James Dohnert Banks are in cost-cutting mode as high interest rates and looming changes to capital requirements have led to uncertainty in the mortgage market.Read More
Angel Oak's REIT Takes Loss in Second Quarter August 8, 2023 James Dohnert Angel Oak's REIT posted a $3.6 million loss after reporting a small profit to start the year.Read More
AGMIT Reports 2Q Earnings Amid WAMC Acquisition Talks August 7, 2023 James Dohnert As AGMIT continues its talks to acquire WAMC, the company reported a modest profit for the second quarter...Read More
CFPB Cracking Down on LO Comp Violations; So Far, No Companies Cited August 7, 2023 James Dohnert One legal interpretation: The CFPB’s findings could stop some actions that would be in the borrower’s best interest...Read More
Lenders Turn to Holistic Technology to Nurture Leads August 4, 2023 James Dohnert Loan originators are increasingly using holistic technologies to reach new leads and nurture old ones.Read More