CoreLogic expects home equity lending to increase next year following a lull in HELOC originations this year.

Alternative-documentation and investor-property mortgage products are gaining interest, according to loan trading platform Maxex.

Upright adds DSCR loans; A&D Mortgage approved for lending in Iowa; Faes & Co launches fund for bridge loans; Newfi joins ARIVE lender marketplace.

Expanded-credit mortgage originations declined by 8.0% in the third quarter, continuing a downward slide that started earlier this year. (Includes data table.)

LendSure launches P&L program; AAPL appoints new president; Annaly Capital Management starts marketing expanded-credit MBS.

Student loan debt and rising interest rates are causing challenges for mortgages underwritten using debt service coverage ratios.

Altisource Asset Management spilled $13.4 million of red ink in the third quarter, bringing its total losses to $23.9 million since the fourth quarter of 2022.

CFPB increases threshold to determine whether higher-priced mortgage loans are subject to special appraisal requirements; LoanStream licensed in Alaska; Upstart launches HELOC product; Valley National Bank launches HELOC for LMI borrowers.

Despite reporting a loss in the third quarter, Annaly Capital Management saw gains in its non-agency correspondent business.

Shellpoint Mortgage Servicing handled servicing duties on $3.65 billion of non-agency MBS issued in the third quarter. (Includes data table.)