Smaller contract sizes on home equity investments have made forward-flow agreements an attractive option for investors.

Saluda Grade has acquired a minority stake in commercial real estate investment firm Hillcrest Finance.

Morningstar has positive outlook for Acra; PRMG adopts FICO Score 10 T for non-QM underwriting; SG Capital Partners updates guidelines.

Figure is expected to issue its third HELOC MBS of 2023 and will provide loans to an upcoming Saluda Grade issuance.

The securitization is sized at $124.5 million and received a preliminary A- rating.

The first rated HEI securitization, brought to the market by Saluda Grade and Unlock Technologies, received a BBB rating from DBRS.

The planned $223.7 million securitization includes home equity investment agreements originated by Unlock Technologies.

Saluda Grade has ramped up its efforts in the home equity agreements space with new securitizations and lines of credit.

Saluda Grade has announced new funding for its HEI business and is set to issue a HELOC securitization.

Saluda Grade stocks non-agency MBS with second liens from Spring EQ; Futures Financial launches business-purpose lending operations; Knock Lending offering jumbos; Angel Oak partners with blockchain platform.