Insurance companies are looking to build on their non-QM investments in the years to come.

Figure believes its new HELOC marketplace can be a “game changer” for originators.

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.

The $141 million deal was oversubscribed with interest from both new and repeat investors.

The impairment rate for securitized non-QM loans fell in April, relieving some pressure on servicers.

Goldman Sachs jumped into the HELOC securitization market, sourcing HELOCs from various lenders.

Home price appreciation and increased borrower pay-downs led to upgrades for a handful of MBS backed by home equity loans.

Three prime non-agency MBS hit the market this week, largely with loans that were eligible for sale to the GSEs. Two expanded-credit deals also started marketing.

Freddie Mac’s proposal to acquire closed-end second liens is unnecessary because there are adequate options available in the non-agency market, according to a number of trade groups.

The deal includes a mix of second liens underwritten to bank statements and full documentation.