Logan Finance hires new chief of staff; Hometap tops $1 billion in HEI funded products; Primis Bank adopts FICO Score 10 T; LendSure announces new bridge loan product; A&D Mortgage offers leap year promotion.

Lenders can sell agency-eligible mortgages for investment properties and second homes on Maxex's platform.

The Maxex mortgage platform will now connect originators with non-agency buyers of agency-eligible mortgages for investment properties and second homes.

The Homebuyers Privacy Protection Act has bipartisan support in the House. The bill, like its companion bill in the Senate, would amend the Fair Credit Reporting Act to prohibit the sale of consumers’ information without their approval.

With the spring homebuying season just around the corner, lenders may want to staff up...

Executives at Kind Lending and Paramount Residential Mortgage Group said lenders need to boost staffing levels to be prepared for increased originations this year.

ARMs accounted for less than 1% of prime non-agency MBS issuance in 2023.

Annaly Capital Management is preparing to issue a rare non-agency MBS stocked solely with bank-originated adjustable-rate mortgages. Loans in the MBS were originated by Associated Bank.

Lendbuzz, which focuses on an artificial intelligence-powered platform to underwrite auto loans, closed a AAA-rated $218.7 million ABS.

UWM has sued Atlantic Trust Mortgage for allegedly breaking a contract term that barred it from originating loans with Rocket Mortgage.