The firm believes the new AI tools will help with the complex process of structuring individual MBS and ABS.

The ARM share of first-lien originations increased to 16.8% from 15.0% in the first quarter.

While the applications subject of the lawsuit were made to Ameritrust, the defendants perpetrated the same fraud on other lenders involving hundreds of other properties, according to the lawsuit filed in the U.S. District Court for the District of Maryland.

The retail channel’s share of nonconforming originations increased from the first quarter to the second. (Includes two data tables.)

The availability of multiple credit scoring models leaves non-agency players with concerns related to lender choice, disclosures and historical data.

During a LoanNEX webinar, speakers discussed how increasing interest rates allow the non-agency market to step in, with investors driving demand.

Originations of adjustable-rate mortgages bounced back in the second quarter after a decline in the quarter prior. (Includes data table.)

Non-qualified mortgage cash-out refinances perform more than three times worse compared to agency cash-outs, according to a new analysis.

Ameritrust Mortgage sued a group of investors, brokers, appraisers and title companies for a fraud scheme that allegedly caused $14 million in harm to the lender.

In recent weeks many lenders increased their loan limits for conforming loans ahead of anticipated increases by FHFA.