Clever Real Estate has acquired Gravy Technologies, which provides a loyalty-as-a-service platform for lenders and real estate agents.

Hybrid work environments are expected to put pressure on CMBS loans for office properties over the next two years and lead to a growing number of properties failing to refinance.

A new IRS private letter ruling outlined a case where exchange bond certificates from a REMIC or grantor trust would be considered a stripped bond under tax policy.

A mortgage borrower lost an appeal of a district court decision that he lied to a servicer and to the FDIC about the amount of debt he owed.

Expanded-credit MBS volume was down 27.2% on an annual basis and prime volume fell by 62.9%.

The non-QM market will see outsized growth in 2024, according to industry participants.

A decline in expanded-credit MBS activity led to an overall drop in non-agency MBS issuance in the fourth quarter of 2023, while prime non-agency MBS rebounded to close out the year.

Non-QM lenders forecast growing origination volumes and a need for more staff to handle increased production.

Delinquencies on non-qualified mortgages spiked in November, adding to a “worrying” trend, according to dv01.

NewFi Lending is touting its EquityChoice product as one of the first new mortgage products to hit the market in more than 30 years.