Vendors Offer New Income Verification Tools August 9, 2024 James Dohnert CoreLogic and Equifax launched new income verification tools ahead of an anticipated increase in purchase originations.Read More
Radian Plans to Regularly Issue Non-Agency MBS August 8, 2024 James Dohnert The non-agency conduit of private mortgage insurer Radian Group expects to issue more MBS following success with its first deal.Read More
Bipartisan Opposition to FSOC’s Servicer Fund Proposal August 8, 2024 James Dohnert A bipartisan group of mortgage industry players opposes FSOC’s proposal to create a fund to help sustain mortgage servicers in times of stress.Read More
Kiavi Ramps Up RTL Lending, Securitization August 8, 2024 James Dohnert The lender has issued more than $4.7 billion in unrated securitizations since it started its securitization program in 2019, about $1.0 billion of which was issued in just the first six months of this year.Read More
Nonbank Lenders Push Up Prime Non-Agency MBS Issuance August 6, 2024 James Dohnert Nonbanks increased their contributions to prime non-agency MBS issued in the second quarter as Chase pulled back somewhat.Read More
Angel Oak REIT Takes Loss in Second Quarter August 6, 2024 James Dohnert The REIT associated with Angel Oak Companies reported a small loss in the second quarter after posting a profit in the first quarter.Read More
A Positive Outlook for Non-QM Player Acra August 5, 2024 James Dohnert Acra is owned by HPS Investment Partners, New York. The lender started out life as Citadel Servicing...Read More
Nonbank Lending Boosts Prime Non-Agency MBS August 2, 2024 James Dohnert Originations from Rocket Mortgage and Rate helped increase issuance of prime non-agency MBS in the second quarter. (Includes three data tables.)Read More
Annaly Posts Loss, Shrinks Non-Agency Portfolio in Second Quarter August 2, 2024 James Dohnert Sticky inflation and an expectation for future rate cuts caused the REIT to decrease its non-agency loan holdings in the second quarter.Read More
Redwood’s Profits Fall in Second Quarter, Bank Partnerships Grow August 2, 2024 James Dohnert Redwood Trust’s profits declined from the first to the second quarter, while loan locks and funding reached new highs.Read More