James Dohnert

Redfin reports that starter homes are 4% costlier than last year while the MBA says overall homebuyer affordability improved in the short term.

The loans backing the security were originated by A&D or its third-party correspondents.

Overall nonprime mortgage servicing portfolios remained steady in the second quarter despite some sizeable increases at some servicers. (Includes data table.)

Liquid Logics and Tower1 will provide liquidity options in the growing DSCR lending space.

Lenders increased their origination volume for ARMs in the second quarter of this year after a lull in lending in the first three months. (Includes data table.)

Michael Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association, forecast a growth in new construction loans in the coming year.

ARMs accounted for 13.6% of first-lien originations in the second quarter of 2024 compared to 11.7% in the first quarter.

Brian Devlin, president and CEO of Arc Home, said investor appetite for non-QMs is the strongest it’s ever been.

Among a group of 20 prominent nonprime servicers, portfolios increased by 0.6% in the second quarter.

MFA Financial, Rithm Capital and Annaly Capital Management all started marketing new non-agency or jumbo MBS deals this week.