AD Mortgage’s acquisition a year ago of Flagstar Bank’s third-party originator platform has helped expand its geographic reach.

To thrive in the non-agency space, many lenders point to diversification, particularly in home equity products.

Maine’s governor signed a comprehensive home equity agreement bill last week. The products remain under litigation in other states.

Newrez and Associated Healthcare Credit Union this month launched new mortgage products for medical professionals.

Splitero joins the Coalition for Home Equity Partnership board; American Association of Private Lenders implements background checks for incoming members.

After publishing new rating criteria for non-agency MBS, Fitch Ratings upgraded thousands of tranches.

The relatively level trajectory for interest rates presents an opportunity for more lenders to offer non-agency products, according to non-agency boosters.

Numerous factors are driving down solar ABS performance, including the end of tax breaks.

Recovery rates for ABS tied to prime unsecured consumer loans are converging with those for nonprime loans.

Some $8.60 billion of conforming jumbos flowed into GSE mortgage-backed securities issued during the first quarter, an 11.0% decline from the previous quarter.