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.
A&D announces new pricing tiers for DSCR loans; REMN Wholesale announces June pricing special; Acra has record-breaking May; Champions hires new VP of underwriting.
Originations of jumbo mortgages declined in the first three months of the year driven by a retreat among banks. Nonbank lenders picked up some of the slack. (Includes data table.)
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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