Redwood Trust's 2Q non-QM volume gains mask other declines
The Aspire business reported $2.1 billion of lock volume, up 32% from the first quarter, but total production at the REIT fell to $8 billion from $8.5 billion.
With updated FICO model, Figure Lending floats $321.1 million on HELOCs
Figure Lending originated the HELOCs using the FICO 9 scoring model, which treats medical debt, rental payments and repaid collection accounts differently.
Servicing, Processing Support, AI Tools ; Lenders Focusing on Consumers; Thoughts on UAD 3.6
During a recent trip overseas, I spoke to a banker who stated, “Technology doesn’t stop at the border.” True. The days of writing out this Commentary or taking an app on a yellow pad of paper are long gone. Today has the STRATMOR Group’s Advisory Angle at 11AM PT. STRATMOR Senior Partners Garth Grah

Pamela Heman
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