Real estate agents take notice: Rising consumer delinquencies are repositioning the housing market
Recent data from the Federal Reserve Bank of New York is drawing renewed attention to the condition of U.S. household credit. Delinquency rates across mortgages, credit cards, auto loans and student debt have climbed to their highest levels in nearly a decade, reaching 4.8% of outstanding household
HomeXpress launches on ARIVE, expanding broker access to non-QM and investor loans
California-based lender HomeXpress Mortgage Corp. announced Thursday that it has launched on the ARIVE platform, allowing approved brokers to access HomeXpress products and pricing on ARIVE’s loan origination system. HomeXpress is wholesale lender that specializes in nonqualified mortgages (non-QMs)
Longbridge nearly doubles Q4 profit as parent Ellington reports weaker performance
Shares of Ellington Financial Inc. were pressured after the mortgage real estate investment trust reported a drop in quarterly earnings, although its reverse mortgage subsidiary, Longbridge Financial, turned in another strong performance. Ellington reported lower fourth-quarter 2025 earnings, even a
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