Jumbo Lending Through Correspondents Increases in Fourth Quarter March 23, 2022 Brandon Ivey The increase in correspondent lending was driven by JPMorgan Chase and Wells Fargo...Read More
A New Non-QM MBS Issuer Appears on the Horizon March 23, 2022 Brandon Ivey Marathon Asset Management provided Long Run Partners with start-up capital...Read More
Non-Agency MBS With GSE-Eligible IPLs Still Under Pressure March 22, 2022 Brandon Ivey Whole loan investors are being very careful about what they're willing to pay...Read More
Bridge Loan Players Garner New Investments March 22, 2022 Brandon Ivey Reigo Investments closed a Series A funding round and New York Mortgage Trust made a minority investment in AlphaFlow.Read More
Altisource Asset Tries Its Hand at Alternative Mortgages, Crypto March 21, 2022 Brandon Ivey Altisource Asset Management received an initial equity capital commitment from an unidentified source of up to $40 million for the mortgage effort.Read More
Bill Dallas Departs Finance of America as Management Reorg Commences March 18, 2022 Paul Muolo FoA went public via a special purpose acquisition company maneuver in April 2021...Read More
The Decline in Home Equity Lending Continues Unabated March 17, 2022 Dennis Hollier There's been scattered talk that some nonbanks might soon launch second-lien products...Read More
A Huge Non-QM MBS From ICP March 17, 2022 Brandon Ivey In general, non-QM lenders are expecting strong originations in 2022 but...Read More
Wholesale Giant UWM Branches Out Into Bank Statement Loans March 16, 2022 Brandon Ivey and Paul Muolo UWM first dipped a toe into the non-QM market in December 2021, launching an interest-only offering...Read More
Lower Profits for Angel Oak's REIT. Reason: Higher Rates March 16, 2022 Brandon Ivey For the full year, the REIT's profit totaled $21.1 million. Its assets increased to $2.57 billion at Dec. 31, compared to just $509.6 million at yearend 2020.Read More
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