The asset management firm turned non-agency loan originator continued to build its direct-to-borrower and wholesale channels in the early months of 2023.
Velocity Financial reduced its production of business purpose loans for the second consecutive quarter but remained profitable in the early months of 2023.
Republic First Bank exits mortgage business; LoanNex’s non-QM marketplace comes to LendingPad; Former Athas Capital CEO to launch non-QM shop; new non-agency MBS; Maxex debuts program for alternative-doc loans.
Annaly Capital Management plans to increase dedicated capital for its residential credit business with an emphasis on taking banks’ expanded-credit loans.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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