Slate of new MBS announced; A&D offers high-FICO discount on non-QMs, UWM updates jumbo program; Stellar approved for due diligence by DBRS Morningstar.
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.
Fix-and-flip properties accounted for a larger share of home sales in the first quarter than they did in late 2022. But low inventory may put the brakes back on.
After deploying new solutions for the non-QM market, Maxex has partnered with South Street Securities Holdings and Atlas Merchant Capital for a new equity investment round.
Netherlands-based Anyone.com is the latest to throw its hat into the growing shared-ownership mortgage space. Its goal is to stretch available financing to assist as many homebuyers as possible.