While 12 firms are deemed as acceptable by Fitch Ratings to review loans in MBS rated by the agency, two firms, SitusAMC and Clayton, handled nearly all reviews in recent years.

LendSure launches bridge loan product; Sprout hires Ron Krueger as senior vice president; DBRS Morningstar outlines rating criteria for reverse mortgages; Fitch upgrades its servicer ratings of BSI Financial Services.

The bank has suspended a non-QM loan program due to issues with policies and practices. The program accounted for the bulk of the firm’s originations.