Originally, the Atlanta-based firm, hoped to sell 8.05 million shares of common at a range of $20.00 to $21.00 per unit.

Though demand for purchase mortgages is increasing, it is nowhere near levels sufficient to make up for the decline in refi activity, say lenders.

Feeding the non-QM MBS machine: affiliates of Angelo, Gordon & Co., Invictus Capital Partners and Shelter Growth Capital Partners...

Nonbank Cornerstone Home moves to buy an FDIC-insured institution. Also, should anyone be worried about SoFi’s progress in mortgages?

Lending through third-party originators, particularly wholesalers, has experienced the most margin compression, according to Baron Silverstein of NewRez...

The feds were slated to start reviewing the rules in 2020 but put the examination on hold pending the revision of QM standards.

From what we understand, Fifth Third continues to search for warehouse talent...

In 1Q21, the San Francisco-based SoFi originated $735.6 million of mortgages, accounting for 28.9% of total loans produced.

Initially, the securitization will facilitate originations by Finance of America Mortgage and Quicken Loans...

HomeLight, a financing company that allows homebuyers to make cash offers, recently received a $100 million credit facility from Credit Suisse…