Non-QM lender Angel Oak is looking to crank up originations...

In a recent advisory bulletin, the regulator directed the FHLBs to limit the size of their exposure to CMBS issued by Fannie Mae and Freddie Mac, and to ensure proper diversification of their portfolios.

Another warehouse lender active in the digital/crypto space is Silvergate Bank of California...

Third-party due diligence reviewers are swamped.

GSE securitization of investment-property mortgages fell by 33% on a sequential basis in the second quarter, while overall single-family GSE activity was down only 5%.

The issuance is the first of the year from Goldman with GSE-eligible mortgages for investment properties.

Rocket is offering residential solar financing and installation services while New Residential is set to launch an operating company focused on single-family rentals.

Offshoring certain functions involved with originations or servicing can generate cost savings of 25% and beyond. Still, there are risks involved with the practice.

Delinquencies declined again in July, though 1.45 million borrowers are 90+ days delinquent. Mortgage employment increased in June as interest rates remained low.

The recently public real estate investment trust focuses nearly all of its investments on non-QMs originated by affiliated lenders.