News Briefs November 8, 2024 James Dohnert Unison home equity sharing agreements now available in Oregon; Rain City issues $200 million RTL securitization; Visio Lending offers discount on short-term rental loans; eRESI raises new funding from insurance companies.Read More
Chase Offers Incentives for Jumbo Borrowers at the Bank October 25, 2024 James Dohnert Chase continues to push for ways to leverage its mortgage lending platform to bring in high net worth individuals to the bank.Read More
Annaly Returns to Profitability in Third Quarter October 25, 2024 James Dohnert Annaly Capital Management increased its non-agency correspondent activity during the third quarter.Read More
Jumbo Lending Looks Likely to Slow in 4Q October 25, 2024 James Dohnert The seasonal decline in purchase-mortgage originations and interest rate trends will likely prompt jumbo lending to slow in the fourth quarter.Read More
Broker Sees Opportunities in Self-Employed Products October 25, 2024 James Dohnert Despite the high rejection rate, Truss Financial believes self-employed borrowers can be less risky than those who are underwritten to W-2s.Read More
Backflip Plans to Build Out RTL Funding October 25, 2024 James Dohnert The lender completed a capital raise, with plans to originate more residential transition loans and potentially issue MBS.Read More
Digital Mortgage Exchange HomeLend Raises Funds October 25, 2024 James Dohnert HomeLend, which aims to increase liquidity in the mortgage market, completed a new investment round.Read More
News Briefs October 25, 2024 James Dohnert Click n’ Close expands shared appreciation mortgage product offering; and Kiavi promotes Tim Lawlor to the post of chief financial officer.Read More
Prime Growth Outpaces Expanded-Credit in Non-Agency MBS October 11, 2024 James Dohnert JPMorgan Chase remained the top issuer of non-agency MBS in the third quarter, increasing its issuance by 25.8%. (Includes data tables.)Read More
Maxex Expands Guidelines for Jumbos in Marketplace October 11, 2024 James Dohnert The move aims to bring Maxex’s jumbo program more in line with conventionally underwritten loans.Read More