The business-purpose lender is moving away from multifamily project lending to focus on single-family fix-and-flip loans.

Angel Oak Mortgage REIT returned to profitability after posting a slight loss in the second quarter.

Non-agency MBS issuance picked up prior to the election then paused for about a week. Redwood ended the lull.

Unison home equity sharing agreements now available in Oregon; Rain City issues $200 million RTL securitization; Visio Lending offers discount on short-term rental loans; eRESI raises new funding from insurance companies.

Two new unrated RTL securitizations were issued in the past couple of weeks despite growing investor interest in rated deals.

Non-agency MBS is offering better execution, in some instances, than the GSEs for investment-property mortgages.

A new study from J.D. Power showed that mortgage servicers could better meet customer demands by implementing online chat and AI technologies into their workflows.

Home sales and properties on the market increased as buyers and sellers prep for the seasonal slowdown in purchases.

Rate discounts through the program range from 0.125% to 1.0%.

Improved execution is prompting some issuers to stock non-agency MBS with agency-eligible investment property loans.