Angel Oak Mortgage REIT continues to package non-QMs into MBS and is expanding its acquisitions to home equity loans.

Brookfield Asset Management to pay $145.0 million for a 50.1% stake in Angel Oak Companies; A&D Mortgage launches jumbo product for borrowers seeking high-balance loans with flexible terms.

A&D Mortgage and Imperial Fund Asset Management have received a $250 million commitment from Canyon Partners. The partnership will fund $5 billion of non-agency securitizations.

Angel Oak Mortgage REIT generated $767,000 of income during the second quarter of 2025.

Figure Technology Solutions recently launched Democratized Prime, a marketplace to fund home equity lines of credit with capital from institutions and individuals.

A survey of more than 200 mortgage lenders found that automation is the most important issue for the companies in 2025.

Fitch Ratings proposed changes to its rating criteria for non-agency MBS. If implemented, 10% of outstanding residential MBS ratings by Fitch will be upgraded.

The Indiana-based bank reported a sharp drop in net income in the second quarter tied to multifamily mortgages involved in suspected fraud.

Expanded-credit MBS issuance with loans to self-employed borrowers increased by 45.3% during the second quarter.

Redwood took a net loss of $98.5 million in the second quarter of the year, largely tied to a shift away from its legacy portfolio.