Income remained level in the third quarter while the lender increased originations of business-purpose loans.

Unison offers its first HEA securitization; NP rebrands; Finance of America launches new reverse-mortgage product; Sherman Bridge debuts investment-property lender marketplace; Arc Home appoints new president and future CEO; UWM expands DSCR eligibility requirements.

The company’s buy-before-you-sell product will initially be offered through the wholesale channel.

NP launches new jumbo program; Kiavi closes $275 million RTL securitization; Xome launches investment property market educational game; SunWest debuts DSCR loan product.

Proposed capital requirements for large banks would have an impact on high loan-to-value loans to borrowers in underserved communities, according to an analysis by the Urban Institute.

Even with elevated interest rates, some borrowers are opting for cash-out refinances to tap home equity.

Movement Mortgage is the first lender to announce that it will be using FICO Score 10-T for originating non-agency loans.

Acra Lending implements Tavant solution; Angel Oak Mortgage announces guideline enhancements; Fluent Mortgage expands East Coast footprint; ClearEdge Lending adds P&L underwriting to all non-QM programs.

Saluda Grade has ramped up its efforts in the home equity agreements space with new securitizations and lines of credit.

Former Civic Financial President William Tessar’s new business-purpose lending venture, CV3, is staffed by more than 150 employees from his former company.