The correspondent division of PennyMac Financial Services Inc. (NYSE: PFSI) is rolling out a new suite of non-qualified mortgage (non-QM) products on Sept. 22. According to the Westlake Village, California-based company, the new product types include Debt Service...
Longtime mortgage industry executive Stephen Thomas announced the creation of FutureWave Finance, a Chicago-headquartered national correspondent lender. “Lenders need a product-focused approach to grow their residential mortgage business as we are undergoing a...
CBC Mortgage Agency, a Native American-owned nationally chartered housing finance agency headquartered in Cedar City, Utah, was approved by the U.S. Department of Agriculture (USDA) to provide 30-year mortgage loans for borrowers outside of urban and suburban areas....
RMR Posts $12.4 Million Quarterly Loss as Managed Real Estate Assets Fall t…
