The company recently received pre-seed funding to launch a stablecoin, $USH, that will be pegged to its portfolio of home equity investments.

Brookfield to acquire majority stake in Angel Oak; Dominion Financial launches AI chatbots; Carrington Mortgage’s correspondent channel goes fully non-QM; Sachem Capital takes loss in 2024.

Switch’s CMBS is the second-largest securitization ever completed in the data center securities space.

Among servicers assessed by Fitch, Chase has one of the highest ratings.

Asset managers and hedge funds are taking a more active approach in ABS issuance.

Securitized loans from the Federal Family Education Loan program could receive negative credit rating marks if the Department of Education is successfully dissolved by the Trump administration.

Recent communications from the White House seem to affirm that the CDFI Fund won’t face drastic cuts following a recent executive order.

An estimated $68.00 billion of adjustable-rate mortgages were originated in the fourth quarter.

The correspondent share of nonconforming originations fell to 9.0% in 2024, down from an 11.9% share in 2023.

Tomo will use the proceeds to hire additional loan officers, processors and underwriters.