Select Portfolio Servicing added more servicing volume from non-agency MBS than Shellpoint Mortgage Servicing in the second quarter. (Includes data table.)
Morningstar DBRS upgraded the outlook for its mortgage originator ranking of non-QM lender Acra Lending after a review that found the company has remained profitable for the last three years.
The platform is designed to help foreign investors purchase homes remotely. The new offering comes at a time when foreign investment in the U.S. housing market is shrinking.
Voxtur and Deephaven team on mortgage pipeline technology; CMG Mortgage to use FICO Score 10 T; Riskspan analyzes RTLs; ex-CEO of Genesis Capital launches new lending company.
A rise in securitization of expanded-credit mortgages from Annaly Capital Management and Invictus Capital Partners helped the ECM securities market grow in the second quarter. (Includes three data tables.)