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Home » Authors » Abby Zimmardi

Articles by Abby Zimmardi

Toorak Sues Private Money Lenders, Alleging RTL Fraud

September 5, 2025
Abby Zimmardi
The lawsuit alleges that PML engaged in a fraud scheme over four years that allowed it to sell loans multiple times.
Read More

Smaller Bank Offering Non-QMs Through Wholesale

September 5, 2025
Abby Zimmardi
American Pride Bank’s wholesale unit this week launched a non-qualified mortgage portfolio product suite.
Read More

News Briefs

September 5, 2025
Abby Zimmardi
Figure announces planned pricing for IPO; NYMT to rebrand as Adamas; Radian increases size of warehouse line.
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Some Non-QM MBS Offering Floating-Rate Tranches

September 4, 2025
Abby Zimmardi
Issuers of MBS backed by non-qualified mortgages are starting to include floating-rate tranches, a feature more commonly seen in jumbo MBS and certain other asset classes.
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Mortgage Tech Company reAlpha Takes Loss in 2Q

August 29, 2025
Abby Zimmardi
An artificial intelligence-powered real estate technology company, reAlpha Tech Corp., took a loss of $4.1 million in the second quarter of 2025.
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Rising Homeowner Insurance Costs Can’t Be Stopped

August 29, 2025
Abby Zimmardi
Insurance property costs are rising due to increased risk and damage from natural disasters, and are contributing to increases in delinquencies.
Read More

Federal Reserve Governor Sues Trump

August 28, 2025
Abby Zimmardi
The suit says allegations of mortgage fraud are pretextual and an attempt to undermine the independence of the Fed.
Read More

Short Takes: Mortgage Application Payments Decrease / Homebuyers Wait / Non-QM Performance Improves / Mortgage Delinquency Rates Rise

August 28, 2025
Abby Zimmardi
The median amount due at application dropped in July.
Read More

Residential Transition Loan Originations Simmer

August 27, 2025
Abby Zimmardi
Production is cooling off even as interest rates on RTLs decline.
Read More

Troubling Signs of Non-QM Fraud?

August 25, 2025
Abby Zimmardi
One executive said underwriters should be extra careful and check the certified public accountant documentation.
Read More
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