Alternative-documentation and investor-property mortgage products are gaining interest, according to loan trading platform Maxex.

Upright adds DSCR loans; A&D Mortgage approved for lending in Iowa; Faes & Co launches fund for bridge loans; Newfi joins ARIVE lender marketplace.

Figure is expected to issue its third HELOC MBS of 2023 and will provide loans to an upcoming Saluda Grade issuance.

The revised CDFI certification process will improve lender accountability and streamline the application process.

Fannie Mae, JPMorgan Chase and PennyMac are among the financial institutions that use AWS to perform tasks within a digital cloud computing environment.

The securitization is sized at $124.5 million and received a preliminary A- rating.

Previous deals involving Figure have performed well, according to DBRS.

Amazon Web Services is increasing its offerings designed to automate and digitize the mortgage process.

Industry analysts are projecting an increase in securitization of home equity loan products in 2024.

As the automotive ABS market sees record issuance, U.S. Bank has begun marketing a credit-risk transfer transaction backed by $2.46 billion in prime auto loans.