Angelo Gordon REIT Eyes Strategy Shift Toward HELs November 8, 2024 James Dohnert AGMIT is pulling back from aggregating agency-eligible investor loans and putting a focus on home equity lending programs.Read More
Redwood Profits Decline Slightly in 3Q November 8, 2024 James Dohnert Redwood Trust reported a slight dip in earnings from the second to the third quarter due to rate volatility among loans in its portfolio.Read More
Splitero Raises More Capital for HEI Business November 8, 2024 James Dohnert HEI provider Splitero has received a $300 million investment from funds managed by Antarctica Capital.Read More
Growing Demand for BPL Securitizations November 8, 2024 James Dohnert Aggregators saw increased investor demand for securitizations of business-purpose loans in the third quarter.Read More
MFA Shifts Lima One Strategy During Profitable Quarter November 8, 2024 James Dohnert The business-purpose lender is moving away from multifamily project lending to focus on single-family fix-and-flip loans.Read More
Angel Oak Mortgage REIT Bounces Back to Profitability in 3Q November 8, 2024 James Dohnert Angel Oak Mortgage REIT returned to profitability after posting a slight loss in the second quarter.Read More
Burst of Non-Agency MBS Prior to Election Day November 8, 2024 James Dohnert Non-agency MBS issuance picked up prior to the election then paused for about a week. Redwood ended the lull.Read More
News Briefs November 8, 2024 James Dohnert 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.Read More
Unrated RTL Securitizations Pick Up Pace November 7, 2024 James Dohnert Two new unrated RTL securitizations were issued in the past couple of weeks despite growing investor interest in rated deals.Read More
GSE-Eligible Loans for Investment Properties Go Non-Agency November 5, 2024 James Dohnert Non-agency MBS is offering better execution, in some instances, than the GSEs for investment-property mortgages.Read More