Reigo Investments raised $13 million in Series A funding while New York Mortgage Trust acquired minority stake in AlphaFlow for an undisclosed amount.

For a flat fee of $1,000 per month, prospective homeowners can enter into equity-sharing agreements with Haus. The company also launched a blockchain-based coin offering for accredited investors.

Figure to launch cryptocurrency-related mortgages; PCMA starts capital advisory unit; A&D Mortgage accepting cryptocurrency; Sachem’s fourth- quarter earnings; DBRS approves of Visionet Systems.

Sachem Capital more tan doubled its originations...

Fannie and Freddie reduced their REMIC/CMO issuance by 22.5% and 27.7%, respectively...

The mortgages have seasoned for an average of 5.7 months and have a coupon of 3.65%...

The writing is on the wall: It's time for mortgage originators to cut costs...

In the non-agency jumbo sector, the retail channel’s loss was more pronounced, falling from 87.8% to 78.7% in 2021.

Correspondents and brokers took back some market share in 2021 that had been lost to the retail channel in 2020. In the conventional-conforming market, retail share held steady, while some volume shifted from correspondents to brokers. (Includes two data charts.)

With interest rates starting to rise, production income took a hit in the fourth quarter of 2021. While servicing income increased, the mortgage business was less profitable. (Includes data chart.)