Surge of non-agency MBS hits market; Redwood partners with Oaktree on business-purpose loans; A&D Mortgage launches second-mortgage product; former First Republic CEO appointed to lead Turkey’s central bank.

S&P Global Ratings believes commercial MBS borrowers could face their most significant challenges since the Great Recession.

Pushback of proposed certification requirements and a vacant leadership role have led to a year-long blackout on new CDFI applications.

Technology vendors tout the potential of automation in the non-QM space while warning that AI still has a way to go.

Issuers of non-agency MBS need to do more to help attract investors to the sector, according to industry participants.

Lenders that focus on non-qualified mortgages are expanding the credit box to reach more borrowers.

Limited prepayment activity it helping to prop up jumbo servicing portfolios.

Gig economy income can help potential borrowers qualify for a mortgage, with some complications.

Figure Lending's newest MBS will include recently originated first- and junior-lien home equity lines of credit with an unpaid principal balance of $205.4 million.

Flanagan and Carrillo have been active sellers of loanDepot stock the past few months, according to SEC records.