Acra Lending is just one of many businesses that are controlled by New York investment giant HPS. But now that BlackRock is buying HPS, what might the future hold for the non-QM lender/servicer?
Increasing investor demand and a need for insurance companies to diversify risk has led to growing interest in the insurance-linked securities market and catastrophe bond issuance.
Homebuying interest increased after the November election, a new Redfin survey found. Also, homebuyers are willing to compromise to purchase a more affordable home.
Radian’s foray into the securitization business is more than just a passing fancy. The mortgage insurance company is considering branching out beyond prime jumbos.
At the end of the year, nonbanks will be required to meet new risk-based capital requirements at Ginnie Mae. There’s some speculation that the Trump administration could reverse the rule.