The fintech said the demand for shared-appreciation mortgages is a sign that traditional products have fallen short.

While real estate investor purchases dropped on a quarterly basis in the first quarter of 2026, the flipping rate as a percentage of total sales nationwide grew.

The new workflow allows for list distribution, quote collection, execution and post-trade processing.

The downgrade watch was attributed to deterioration in performance, underperformance and liquidity challenges.

The ARM share of first-lien originations also declined somewhat, as interest rate trends in the first two months of the first quarter made fixed-rate mortgages somewhat more attractive than ARMs.

Annaly was the top producer of nonconforming loans through the correspondent channel among the survey group, increasing its production by 9.9% to $5.08 billion.

The correspondent channel accounted for 19.3% of nonconforming originations in the first quarter of 2026, up from 16.7% in the previous three-month period. (Includes two data tables.)

Figure expects to benefit from acquiring technology as well as business-purpose loan production.

Although the growth curve flattened a bit in 2025, production of loans with terms of two years or less increased by 15% last year. (Includes one data table.)