Issuance of MBS backed by expanded-credit mortgages increased by nearly 50% from the fourth quarter to the first quarter of 2024. Annaly more than tripled its volume. Read More

The real estate investment trust’s non-agency conduit had a record quarter for loan acquisitions in 2023. Read More

A recent appeals court decision against an out-of-state lender may prevent future loan modifications in California for loans with interest rates above 10%. Read More

Sales of jumbo mortgages through the correspondent channel declined for the second consecutive year in 2023. Read More

Better joins a number of other nonbanks offering home equity loans as traditional refinance business is slow. Read More

New jumbo, expanded-credit and home equity loan securitizations were announced over the last two weeks. The largest offerings are two jumbo MBS from JPMorgan Chase. Read More

The fix-and-flip lender believes its new construction loan product will help increase housing inventory and create more affordable housing. Read More

CMS launches ITIN product; Liberty Home Mortgage to start using FICO Score 10 T for nonconforming loans. Read More