New non-QM lender opens shop; Angel Oak REIT posts 4Q loss; A&D Mortgage and Imperial Fund look to attract more insurance company investors through a new partnership with Clearwater Analytics.
Although it booked a loss in the fourth-quarter, MFA believes a variety of management changes at its business-purpose affiliate lender will boost originations in 2025.
The CFPB sued Vanderbilt Mortgage and Finance, alleging the manufactured-home loan lender failed to meet ability-to-repay rules when originating non-qualified mortgages.
It will be the 11th issuance of its type by loanDepot.
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