Officials at FCI Lender Servicing believe financial institutions will be required to use blockchain within five to 10 years given the transparency it offers.
Acra Lending updates guidelines; DBRS ready to rate securitizations of residential transition loans; Moody’s reaffirms ratings for Redwood Trust; MISMO updates implementation guide for home equity eNotes.
New non-QM MBS; Figure gains new private label partners; CFPB weighs in on TILA case; Guaranteed Rate takes full ownership of relocation mortgage specialist; AG Mortgage Investment Trust bids on Western Asset Mortgage Capital; A&D improves second-loan pricing.
Annaly Capital Management plans to increase dedicated capital for its residential credit business with an emphasis on taking banks’ expanded-credit loans.