Among the changes, Carrington's program now allows eligible alternative-documentation borrowers to qualify with FICO scores as low as 550.

A group of 13 publicly traded nonbanks reported a combined $2.20 billion in mortgage-banking income for the second quarter, down 32.3% from the first quarter.

As part of the merger, UMortgage CEO Anthony Casa will join NEXA as an executive partner.

loanDepot's closing price for its stock was less than $1.00 per share over a consecutive 30 trading-day period.

A group of 13 publicly traded nonbank lenders reported a combined $2.20 billion in mortgage-banking income for the second quarter, down 32.3% from the first quarter. (Includes data table.)

A brief increase in refinance activity during the first quarter of 2026 pushed the defect rate to a recent high, according to ACES Quality Management.

Proprietary reverse-mortgage originations are hitting record highs, helping boost lender production during a spring slowdown.

Residential whole-loan assets are becoming more popular among insurance companies because they are willing to accept the operational complexity that comes with investments in the space.

Insurance companies continue to grow their residential whole-loan portfolios as they look to diversify investments.

Preferred equity and residual-interest debt financing are increasingly being used in ABS and CLO transactions.