Chase Offers Incentives for Jumbo Borrowers at the Bank October 25, 2024 James Dohnert Chase continues to push for ways to leverage its mortgage lending platform to bring in high net worth individuals to the bank.Read More
Annaly Returns to Profitability in Third Quarter October 25, 2024 James Dohnert Annaly Capital Management increased its non-agency correspondent activity during the third quarter.Read More
Jumbo Lending Looks Likely to Slow in 4Q October 25, 2024 James Dohnert The seasonal decline in purchase-mortgage originations and interest rate trends will likely prompt jumbo lending to slow in the fourth quarter.Read More
Broker Sees Opportunities in Self-Employed Products October 25, 2024 James Dohnert Despite the high rejection rate, Truss Financial believes self-employed borrowers can be less risky than those who are underwritten to W-2s.Read More
Backflip Plans to Build Out RTL Funding October 25, 2024 James Dohnert The lender completed a capital raise, with plans to originate more residential transition loans and potentially issue MBS.Read More
Digital Mortgage Exchange HomeLend Raises Funds October 25, 2024 James Dohnert HomeLend, which aims to increase liquidity in the mortgage market, completed a new investment round.Read More
News Briefs October 25, 2024 James Dohnert Click n’ Close expands shared appreciation mortgage product offering; and Kiavi promotes Tim Lawlor to the post of chief financial officer.Read More
S&P Proposes Easing Rating Criteria for Residential MBS October 24, 2024 James Dohnert 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.Read More
Investors Hungry for Loans on Investment Properties October 24, 2024 James Dohnert DSCR and investor loans are seeing strong interest from investors due to the housing market and new rating methodologies.Read More
UWM Pushes New Refi Product as Rising Rates Slow New Applications October 24, 2024 James Dohnert The new offering allows for a cash-out refi with an LTV ratio near 90% without borrower-paid mortgage insurance.Read More