Originations of ARMs declined 20% in the fourth quarter. Still, ARM share of total originations ticked up in 2023. (Includes data table.)

Velocity Financial said it benefited from less competition in its business-purpose lending niche.

Steadworth’s shared-equity agreement offering includes downpayment assistance for homebuyers.

Neuberger Berman returned to the expanded-credit MBS space with a new shelf and Logan Finance.

Bridge loan originations picked up in the second half of 2023 even as interest rates increased.

Carrington promotes CFO to CEO; FHLB of San Francisco approves Change Lending for membership.

Angel Oak Capital Partners introduced an investment program tailored to increase insurance company investments in non-agency whole loans and securitizations.

Fitch updated 61 non-agency MBS following changes to its structured finance rating criteria in January.

Millennials, defined as borrowers aged 27 to 42, received the majority of mortgage offers made through LendingTree’s platform.

A recent push by the White House to increase oversight on artificial intelligence should lead to more regulations in the coming year.