A pool of mortgages, a majority of which are designated as non-qualified, will secure $228.2 million in residential mortgage-backed securities (RMBS) from Angel Oak Mortgage Trust, series 2026-5. Processing Content Known as AOMT 2026-5, the deal will issue the $228.2 million through a series of 10 class A, M and B notes, which all have […]
Angel Oak Mortgage raises $228.2 million from mostly non-QM assets Read More »
As lenders increasingly implement artificial intelligence, homebuyers are becoming more trusting of it. Processing Content More than 70% of Americans said they would use AI for at least one homebuying or selling task, while 37% said they would be willing to let it manage the home purchase from start to finish with minimal human involvement,
Lenders launch AI plugins as buyers become more trusting Read More »
Key takeaway: Federal Reserve Bank of New York President John Williams said there is no “unusual” broadening of the effects of higher energy prices and that inflation expectations remain well anchored, suggesting a “wait-and-see” approach is appropriate. Expert quote: “I am actually seeing the trend in inflation moving slowly down as some of the effects
Fed’s Williams not swayed that a rate hike is the answer yet Read More »