Apply Online
Schedule a Call
Matthew Sosik.JPG

New England bank merger adds opportunity for mortgage unit

Uncategorized /

A pending merger between two Northeastern banks should increase borrowing opportunities for New England customers, thanks in part to the expansion of the company’s soon-to-be rebranded mortgage affiliate.  Processing Content Massachusetts-based Hometown Financial Group, the parent holding company of three individual brands, announced it had reached a deal to acquire Primary Bank, a publicly traded […]

New England bank merger adds opportunity for mortgage unit Read More »

Redwood Trust’s 2Q non-QM volume gains mask other declines

Uncategorized /

Redwood Trust’s mortgage origination businesses reported lower aggregate volume versus the first quarter, although one unit showed remarkable strength. Processing Content The Aspire non-qualified mortgage segment had $2.1 billion of lock volume, up 32% from the first quarter, noted Christopher Abate, CEO. “Our mortgage banking businesses continued their momentum in the second quarter, with aggregate

Redwood Trust’s 2Q non-QM volume gains mask other declines Read More »

With updated FICO model, Figure Lending floats $321.1 million on HELOCs

Uncategorized /

Figure Lending is preparing to float $321.1 million in residential mortgage-backed notes, secured by first- and junior-lien revolving home equity lines of credit (HELOCs), in its first deal of the year. Processing Content FIGRE Trust 2026-EXP1 will sell the debt through seven levels of class A through G notes, slated to close around July 9,

With updated FICO model, Figure Lending floats $321.1 million on HELOCs Read More »