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Kroll Bond Rating Agency assigned preliminary ratings to six classes of mortgage pass-through notes from OBX 2022-NQM1 Trust, a $556.7 million non-prime RMBS transaction.

Fitch Ratings assigned U.S. primary servicer ratings for non-QM lender A&D Mortgage LLC. The ratings provided show a stable outlook for the company.

The STACR 2022-DNA1 Reference Pool consists of 109,774 residential mortgage loans with an outstanding principal balance of approximately $33.6 billion as of the cut-off date.

Company says January is shaping up to be the most competitive month in housing history.

Foreclosure starts and completions hit record lows nationwide.

Zillow recently analyzed data from the Home Mortgage Disclosure Act and found that Black mortgage applicants are denied a mortgage 84% more often than white applicants.

The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.

Nearly half of those planning to move (46%) hope to buy a home.

Pat Dodd has been appointed as the interim president and CEO, replacing Frank Martell.

CRM solutions provider, OptifiNow, announced its latest partnership with Irvine-based non-QM wholesale lender, NextUs Lending.