Figure believes its new HELOC marketplace can be a “game changer” for originators.

Accessory dwelling units and manufactured homes offer new niches for non-QM lenders to target.

A&D Mortgage increases loan limits for foreign national loans; Invictus Capital Partners starts loan-selling business for insurance companies; Dunmor adds two new executives.

Harris Trifon, a partner and portfolio manager at Lord Abbett, an investment management company, said non-QM delinquencies are not “raising alarm bells” for him.

Analysts are not “raising alarm bells” yet despite increasing delinquency rates in the non-QM mortgage-backed securities sector.

Saluda Grade has acquired a minority stake in commercial real estate investment firm Hillcrest Finance.

Non-QM lenders are bullish about the sector’s potential despite headwinds in the housing market.

Panelists at the Non-QM Forum noted the growing demand for non-QM whole-loan sales.

Invictus has launched a new business to provide insurance companies with access to residential loans.

Initial partners for Figure’s new marketplace include The Loan Store, Movement Mortgage, Bayview Asset Management and Saluda Grade.