A decline in expanded-credit MBS activity led to an overall drop in non-agency MBS issuance in the fourth quarter of 2023, while prime non-agency MBS rebounded to close out the year. Read More

Non-QM lenders forecast growing origination volumes and a need for more staff to handle increased production. Read More

Delinquencies on non-qualified mortgages spiked in November, adding to a “worrying” trend, according to dv01. Read More

NewFi Lending is touting its EquityChoice product as one of the first new mortgage products to hit the market in more than 30 years. Read More

William Erbey, the founder of Ocwen Financial, was selected as CEO of Altisource Asset Management. Erbey owns nearly 50% of AAM. Read More

New legislation that would make it easier for workers in the legal cannabis industry to receive mortgage financing is unlikely to pass the Senate in 2024. Read More

Planet Home Lending plans to grow its construction loan volume this year and recently hired a construction sales manager. Read More

The amount of fix-and-flip properties sold in the third quarter of last year was down slightly but investors are hopeful that the market will pick up steam in 2024. Read More

NQM Funding updates DSCR product requirements; Truss Financial Group debuts no tax return HELOC product; Academy Mortgage launches DSCR offering; Angel Oak issues non-agency MBS that leverages blockchain technology. Read More