MFA Receives Boost in 2Q From MBS Issuance August 16, 2024 James Dohnert The real estate investment trust increased its profits in the second quarter with help from new non-agency securitizations.Read More
Profits Decline at AG Mortgage Trust in 2Q August 16, 2024 James Dohnert The sale of agency-eligible loans into non-agency MBS helped AG Mortgage stay in the black heading into the third quarter.Read More
Velocity’s Profits Shrink in Second Quarter August 16, 2024 James Dohnert While profits at the business-purpose lender declined in the second quarter, executives at the nonbank are optimistic about growth.Read More
Redwood’s Profits Fall in Second Quarter, Bank Partnerships Grow August 2, 2024 James Dohnert Redwood Trust’s profits declined from the first to the second quarter, while loan locks and funding reached new highs.Read More
Rithm Gets Origination Boost From Non-Agency August 2, 2024 James Dohnert Non-QM, home equity originations and business-purpose loans from Newrez and Genesis Capital helped Rithm in the second quarter.Read More
Positive Outlook for Acra, Non-QM Lender Profitable August 2, 2024 James Dohnert Morningstar DBRS upgraded the outlook for its mortgage originator ranking of non-QM lender Acra Lending after a review that found the company has remained profitable for the last three years.Read More
In Defense of DTI for Underwriting Purposes July 26, 2024 Dennis Hollier New research shows that, contrary to some critics, debt-to-income ratios are an effective predictor of a borrower’s ability to repay.Read More
A&D Mortgage Reintroduces Low-DSCR Product July 19, 2024 James Dohnert The product allows for debt service coverage ratio below 0.75, while many DSCR lenders require a ratio of at least 1.0.Read More
Faes & Co Scores Funding From U.K. Investment Manager July 19, 2024 James Dohnert The funding will go toward Faes & Co.’s F2 Finance, a fix-and-flip lender based in the U.S.Read More
Short-Term Rental Lending Expected to Pick Up July 19, 2024 James Dohnert Early trends have been mixed, but more private credit funding and a potential rate cut should help boost short-term rental lending this year.Read More