RCN Capital Ditches Hard Credit Pulls March 29, 2024 James Dohnert RCN Capital’s new tri-merge soft credit pull allows investors to qualify for a loan without negatively impacting their credit score.Read More
Flipping Activity Down as Investor ROI Shrinks March 29, 2024 James Dohnert A challenging market for fix-and-flip homes has led more investors to seek financing on their projects.Read More
News Briefs March 29, 2024 James Dohnert Calque adds new partner for Buy Before You Sell program; Angel Oak Mortgage REIT loses board member; A&D Mortgage licensed in Vermont.Read More
ECM Aggregators Expect Uptick in Originations, Loan Sales March 15, 2024 James Dohnert Ellington Financial, MFA Financial and AG Mortgage Investment Trust boosted net income in the fourth quarter and expect to see strong performance this year.Read More
ARM Lending Declines in Fourth Quarter March 15, 2024 James Dohnert Originations of ARMs declined 20% in the fourth quarter. Still, ARM share of total originations ticked up in 2023. (Includes data table.)Read More
Velocity Boosts Originations, Income in Fourth Quarter March 15, 2024 James Dohnert Velocity Financial said it benefited from less competition in its business-purpose lending niche.Read More
Steadworth Fund Launches Unique Shared-Equity Product March 15, 2024 James Dohnert Steadworth’s shared-equity agreement offering includes downpayment assistance for homebuyers.Read More
Bridge Lending Grows Despite Higher Interest Rates March 15, 2024 James Dohnert Bridge loan originations picked up in the second half of 2023 even as interest rates increased.Read More
Redwood Gets Boost From Bank Partnerships March 1, 2024 James Dohnert Redwood reported $21 million in net income in the fourth quarter, bouncing back after posting a $31 million loss in the third quarter.Read More
FICO Score 10 T Gets Another Early Adopter March 1, 2024 James Dohnert Premier Lending will use the new FICO 10 T scoring model for its nonconforming originations.Read More
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