One in 12 home sales in the first quarter of 2024 was a flipped home, but only one-third of flippers used financing.

EquiFi hires new leadership for mortgage division; Encompass Lending to use FICO Score 10T; LoanStream announces July pricing special; Change Lending appoints new CFO.

Innovation and concerns are arising in the home equity lending space as home values increase.

The housing environment and new rating methodology have led to an improving securitization market for business purpose loans.

Proposed regulatory changes on bank deposits have led to an increase in partnerships between Redwood Trust and depositories.

Insurance companies are looking to build on their non-QM investments in the years to come.

Figure believes its new HELOC marketplace can be a “game changer” for originators.

Accessory dwelling units and manufactured homes offer new niches for non-QM lenders to target.

A&D Mortgage increases loan limits for foreign national loans; Invictus Capital Partners starts loan-selling business for insurance companies; Dunmor adds two new executives.

Newfi will provide a financing facility to Dunmor to help expand its footprint in the residential transition loan space.