Non-QM
Carrington Mortgage Services introduced its ProcessIQ product that was developed to assist brokers in moving complicated and time-sensitive loans through their pipeline more efficiently.
Kroll Bond Rating Agency to Angel Oak Mortgage Trust 2022-1, a residential mortgage-backed securities transaction sponsored by Angel Oak Mortgage Operating Partnership.
A&D Mortgage launched a centralized appraisal ordering platform, AD Appraisal Center, to help brokers order and track appraisals.
The retail mortgage lender opens its first two branches in 2022 and plans to open more this year.
Fitch Ratings assigned its final ratings to residential mortgage-backed certificates that are to be issued by COLT 2022-1 Mortgage Loan Trust.
Kroll Bond Rating Agency assigned preliminary ratings to CSMC 2022-NQM1, a $553.7 million non-prime RMBS transaction sponsored by DLJ Mortgage Capital, Inc.
Non-agency/non-QM Deephaven Mortgage announced a new jumbo-prime loan product, as it looks to help mortgage banks and brokers compete for high-net-worth borrowers.
EFI originally acquired the majority of the non-QM loans from LendSure Mortgage Corp.