News Briefs November 22, 2024 James Dohnert Splitero expands to Arizona; A&D Mortgage launches free CRM; Achieve updates terms on HELOC product.Read More
Non-QMs See Increased Delinquencies, Few Losses November 21, 2024 James Dohnert MBS investors have largely been unscathed from rising delinquencies on non-QMs thanks to cures and structural protections. Read More
Recent Borrowers Plan to Refi Even If Rate Cuts Fall Short November 21, 2024 James Dohnert The majority of recent homeowners who responded to a survey conducted by TransUnion said they plan to refinance in the next 12 months.Read More
Borrowers Turn to Advisory-Focused Lenders for Guidance November 15, 2024 James Dohnert A more challenging housing market has led more homebuyers to seek guidance from loan officers, according to a new J.D. Power survey.Read More
Blend Labs Hits Financial Milestone in 3Q November 15, 2024 James Dohnert Officials at Blend are optimistic the mortgage technology provider will reach its goal of sustained profitability in the fourth quarter.Read More
Investcorp Preps CMBS With Sharia-Compliant Loans November 14, 2024 James Dohnert The planned $210 million issuance is backed by commercial real estate loans for properties in Minneapolis.Read More
Locks Increase for Purchase Mortgages in October November 14, 2024 James Dohnert Despite a traditional slowing in loan locks in October, Optimal Blue found more demand for nonconforming and FHA loans.Read More
Splitero’s HEI Business Poised for Growth Following Investment November 14, 2024 James Dohnert Splitero received a $300 million investment from funds managed by Antarctica Capital, a private-equity firm.Read More
Angelo Gordon’s REIT Diving Into Home Equity Loans November 13, 2024 James Dohnert AGMIT acquired $136.9 million of home equity loans in the third quarter and has committed to purchasing another $200 million in loans over the next several months.Read More
A Blowout 3Q for Prime Non-Agency Issuance November 11, 2024 James Dohnert Among the top 10 originators of securitized non-agency prime loans, just one was a bank: JPMorgan Chase.Read More