Envoy Mortgage acquires MasonMac’s distributed retail assets

Envoy Mortgage is acquiring Mason-McDuffie Mortgage’s distributed retail assets, adding to the wave of industry consolidation and loan officer moves in 2026.  Processing Content The move adds about 100 loan officers who produced $1 billion over the past 12 months, bringing Envoy’s originator headcount to roughly 240 and projected annual funded volume to $4 billion. […]

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Surging mortgage rates heighten fraud risk indicators

A purchase-heavy market raised mortgage fraud risk in the second quarter, with the distribution of applications opening the door for unlawful activity, a new report said.  Processing Content Fraud risk increased by 9.1% quarter to quarter, according to real estate data provider Cotality. The company’s fraud risk index jumped 11 points to a reading of

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Dmitri Batsev

How AD manages non QM, second liens in securitization

AD Mortgage’s securitization vehicle has been experimenting with what analysts called a novel combination of loan features in the non-qualified mortgage market. Processing Content The trend has shown up in a small percentage of second liens in recent deals, including  ADMT’s sixth non-QM transaction, a $411.3 million securitization that received preliminary ratings from KBRA and

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