Figure Introduces Loan Marketplace for HELOCs June 13, 2024 James Dohnert Initial partners for Figure’s new marketplace include The Loan Store, Movement Mortgage, Bayview Asset Management and Saluda Grade.Read More
Majority of Homebuyers Don’t Shop Around for a Mortgage June 13, 2024 James Dohnert A LendingTree study found that many people seek only one mortgage offer before purchasing a house.Read More
Bank Holdings of First Liens Stagnant in First Quarter June 13, 2024 James Dohnert Banks and thrifts held $2.52 trillion of first liens in portfolio as of the end of March.Read More
Tech Investments Boost RTL Lender Dunmor June 11, 2024 James Dohnert Newfi said it chose Dunmor as a partner because of its technological expertise in the RTL space.Read More
ARM Production Weak in 1Q24 June 10, 2024 James Dohnert Among the top 10 ARM lenders in the January-March corridor, just one was a nonbank: Rocket Mortgage.Read More
ARM Originations Decline in First Quarter June 7, 2024 James Dohnert Originations of adjustable-rate mortgages continued to decline in the first quarter of 2024.Read More
Newfi Lending to Provide Funding for RTL Lender June 7, 2024 James Dohnert Newfi will provide a financing facility to Dunmor to help expand its footprint in the residential transition loan space.Read More
Point Issues Second Rated HEI Securitization June 7, 2024 James Dohnert The $141 million deal was oversubscribed with interest from both new and repeat investors.Read More
Bank Mortgage Holdings Level in First Quarter June 7, 2024 James Dohnert Banks and thrifts held $2.52 trillion of first liens in portfolio as of the end of the first quarter, unchanged from year-end.Read More
Non-QM Impairments on the Decline June 7, 2024 James Dohnert The impairment rate for securitized non-QM loans fell in April, relieving some pressure on servicers.Read More