EasyKnock, a New York-based home equity solutions platform, this month acquired HomePace, a Park City, UT-based provider of home equity investments.

Morningstar has positive outlook for Acra; PRMG adopts FICO Score 10 T for non-QM underwriting; SG Capital Partners updates guidelines.

A new Optimal Blue whitepaper details the need for a LIBOR alternative in the secondary market for non-QM loans.

Rocket and A&D Mortgage have developed new AI solutions, and plan to offer more automation tools in the coming months.

Income and employment data verification provider Argyle believes verification waterfalls can help lenders save time and money during the loan origination process.

Ellington Financial plans to increase non-agency issuance. The real estate investment trust last month issued its first non-QM MBS in over a year.

Computershare recently started offering trustee services for MBS. Western Alliance was named as a trustee for a CLO deal.

About a dozen firms currently originate HEIs in more than 30 states, according to Morningstar DBRS.

A proposal from the Urban Institute calls for a revamp of the refi process to make it more equitable for lower-income borrowers and borrowers of color.

The top higher-priced mortgage lender in 2023 was 21st Mortgage, with $2.55 billion in volume.