Increased jumbo production from UWM helped boost broker originations, while Wells Fargo’s exit from correspondent lending hurt that channel’s market share as other lenders didn’t pick up the slack. (Includes data table.) Read More

Ellington Financial, MFA Financial and AG Mortgage Investment Trust boosted net income in the fourth quarter and expect to see strong performance this year. Read More

Angel Oak Mortgage REIT, which aggregates non-QMs, returned to the black in 2023 after overhauling its strategy in late 2022. Read More

Originations of ARMs declined 20% in the fourth quarter. Still, ARM share of total originations ticked up in 2023. (Includes data table.) Read More

Velocity Financial said it benefited from less competition in its business-purpose lending niche. Read More

Steadworth’s shared-equity agreement offering includes downpayment assistance for homebuyers. Read More

Neuberger Berman returned to the expanded-credit MBS space with a new shelf and Logan Finance. Read More

Bridge loan originations picked up in the second half of 2023 even as interest rates increased. Read More

Carrington promotes CFO to CEO; FHLB of San Francisco approves Change Lending for membership. Read More