The lender completed a capital raise, with plans to originate more residential transition loans and potentially issue MBS.

HomeLend, which aims to increase liquidity in the mortgage market, completed a new investment round.

Click n’ Close expands shared appreciation mortgage product offering; and Kiavi promotes Tim Lawlor to the post of chief financial officer.

The rating service proposed more closely aligning its criteria for rating U.S. residential MBS with how it assesses residential MBS in other countries. The likely result: no downgrades and many upgrades.

DSCR and investor loans are seeing strong interest from investors due to the housing market and new rating methodologies.

The new offering allows for a cash-out refi with an LTV ratio near 90% without borrower-paid mortgage insurance.

Using outsourcing providers can help lenders avoid the hiring cycle that accompanies originations booms and busts.

CFPB director Rohit Chopra said there has never been an "iota" of political motivation within CFPB investigations.

FHFA plans for board structure changes; Justice Department sues Rocket over refi discrimination; Redwood markets jumbo ARM securitization; LoanCare launches digital recapture product.

Outsourcing mortgage fulfillment services could be a cost-effective way for originators to increase volume without significantly adding staff.