Newfi has a new line of non-qualified mortgage products for delegated correspondent lenders.

Bank exits and interest rate uncertainty could create new opportunities for nonbanks to acquire loans from depository balance sheets.

The outcome of the case could have a major impact on the home equity investment market.

The CFPB sued Vanderbilt Mortgage and Finance, alleging the manufactured-home loan lender failed to meet ability-to-repay rules when originating non-qualified mortgages.

Redwood announces debt offering; Newfi invests in Dunmor; Visio appoints new CEO.

Some non-agency MBS issuers are excluding Maryland loans from transactions due to the new regulation.

The new licensing requirement represents a major shift for the MBS market, with participants scrambling to either comply or avoid loans in the state. A challenge to the requirements appears likely.

The wildfires add new challenges to California’s growing property insurance and housing affordability crisis.

WaFd Bank is ending its mortgage origination activity; TD Bank is considering selling jumbo mortgages; some banks are still increasing their mortgage business; President Trump issues order on housing, freezes regulatory efforts.

TD held $42.98 billion of first-lien mortgages in portfolio as of the end of September.