Figure Technology Solutions has used HELOC lending and a loan marketplace to bolster its prospects ahead of an initial public offering.

Total nonprime servicing grew in the second quarter of 2025 after declining early in the year. Meanwhile, delinquencies on securitized non-qualified mortgages declined. (Includes data table.)

Velocity Financial reported a busy second quarter of 2025 in terms of securitizations, and leaders of the business-purpose lender expect business to continue to be strong.

Originations of residential transition loans continue to increase, though the annual growth rate has come down in recent months.

Velocity Financial opts for dual listing of its common stock; Morningstar DBRS adds inTENT Fulfillment to approved providers of due diligence.

Anthony Hsieh, who retook the CEO mantle at loanDepot in July, plans to put an emphasis on technology efficiency and market share growth.

With issuance of data center securitizations booming, Fitch is ready to rate the asset class.

JPMorgan Chase leads the market in non-agency MBS issuance, offering all types of deals. Jamie Dimon adds that long-sought reforms could help boost volume.

Newrez once again overtook Select Portfolio Servicing during the second quarter of 2025 in terms of new servicing tied to non-agency MBS.

The retention rate dropped to 23% in the second quarter of 2025, with many servicers losing out on cash-out refinances.