The issuance, sized at $342.0 million, received preliminary AAA ratings from Fitch Ratings and Kroll Bond Rating Agency.

Officials at FCI Lender Servicing believe financial institutions will be required to use blockchain within five to 10 years given the transparency it offers.

Redwood Trust and Point partnered to co-issue the second-ever rated home equity investment securitization.

The company’s buy-before-you-sell product will initially be offered through the wholesale channel.

MFA Financial and other non-QM players could benefit if interest rates stabilize heading into 2024.

Founders of the hedge fund allege that company executives are breaching their fiduciary duty by blocking shareholders from hearing details of a rival bid to Rithm Capital’s offer.

NP launches new jumbo program; Kiavi closes $275 million RTL securitization; Xome launches investment property market educational game; SunWest debuts DSCR loan product.

New jumbo issuance from Chase, Goldman Sachs and Redwood Trust kick off the fourth quarter.

Locked-in low interest rates and large amounts of tappable equity are compounding an already constricted housing market.

Increased screening during underwriting helped mortgage fraud risk decline 3.1% compared to last year, according to CoreLogic.