Increased jumbo production from UWM helped boost broker originations, while Wells Fargo’s exit from correspondent lending hurt that channel’s market share as other lenders didn’t pick up the slack. (Includes data table.)

Ellington Financial, MFA Financial and AG Mortgage Investment Trust boosted net income in the fourth quarter and expect to see strong performance this year.

Angel Oak Mortgage REIT, which aggregates non-QMs, returned to the black in 2023 after overhauling its strategy in late 2022.

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.