Originations of expanded-credit mortgages declined in the first quarter, but not as much as total first-lien production. Trends among expanded-credit lenders were decidedly mixed. (Includes data chart.) Read More

At a non-QM conference this week, leaders of non-QM operations detailed the importance of education for lenders looking to expand their book of business. Read More

Gig economy workers offer a new type of self-employed borrower for lenders to approach, but they come with their own set of underwriting challenges. Read More

A group of 20 nonprime servicing specialists increased their portfolio by 7.4% from the fourth quarter of 2022. (Includes data chart.) Read More

Since the first quarter of 2022, the top 30 servicers of non-agency jumbo mortgages have grown their jumbo portfolios by 11.8%. (Includes data chart.) Read More

Legislation in 12 states may impact the buying power of foreign nationals from seven countries. Read More

Ownify launched its fractional homeownership program in the Triangle area of North Carolina after raising $7 million in seed funding. Read More

Roc360 acquires BPL assets from Civic Financial Services; new non-agency MBS; non-agency MBS performing well; UWM launches new jumbo products; fractional home-equity provider. Read More