Expansion

PennyMac Financial Services, Inc. (NYSE: PFSI) has launched a comprehensive suite of non-qualified mortgage (Non-QM) products in its third party origination (TPO) division. These products are designed to help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.

The Florida Agency Network (FAN), Florida’s largest independent provider of title and settlement services, has launched OL Title, a new title and settlement services company formed in affiliation with Older Lundy Law. The collaboration combines the resources of a law firm widely recognized for its expertise with complex real estate and commercial transactions with FAN’s statewide network resources and technology to serve the commercial real estate and high-end residential markets across Florida.

Planet Home Lending, a national mortgage lender and servicer, continues its strategic expansion in the Pacific Northwest with the addition of Branch Managers Dan O’Neill (NMLS #1553401) and Scott Unger (NMLS #442392) who are licensed in Washington, Oregon and Idaho.

AD Mortgage, a provider of non-QM and residential mortgage-backed securities (RMBS), has announced the successful launch of its largest securitization to date, AD Mortgage Trust 2026-NQM2 (ADMT 2026-NQM2).

UMortgage is going all-in on the independent mortgage broker channel with the launch of a new flat-fee model designed to help mortgage brokers scale with a transparent compensation structure, lender optionality, and the support systems needed to scale.

Tavant launched TOUCHLESS Servicing Portal, expanding its TOUCHLESS platform beyond origination into post-close servicing. The unified origination and servicing experience enables borrowers to manage their mortgage journey – from application through servicing – all in one place. The servicing portal currently supports more than 400,000 borrowers nationwide.

Cloudvirga, a Stewart-owned provider of digital point-of-sale platforms for lenders, announced a certified integration with the Optimal Blue PPE that brings real-time pricing and eligibility data to its Loan Hub, enabling loan teams to produce consumer-ready pricing scenarios at both the lead stage and throughout an active loan file.

Embrace Home Loans, a national independent mortgage lender, announced an agreement with Amalgamated Bank to provide residential mortgage financing for the bank’s customers. Amalgamated Bank is a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL).

Vertyx, a provider of intelligent mortgage servicing technology built for enhanced portfolio performance, has released Borrower Relationship Management, a new capability within its end-to-end mortgage servicing platform designed to help servicers and investors identify retention and recapture opportunities earlier, deliver timely outreach through borrower channels and measure engagement.

Prudent AI launched Prudent AI Upfront Income, a universal income platform designed to calculate qualified income for any loan type in a single tool with same-day certainty.