eRESI has partnered with Prudent AI to give its non-delegated correspondent sellers access to a faster, more efficient way to analyze complex borrower income earlier in the loan process.
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RiskSpan, a provider of data, modeling and analytics solutions for loan and structured finance investors, announced the general availability of Credit Model 7.1, a purpose-built NonQM credit model delivered inside the RiskSpan Platform.
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AD Mortgage, a provider of non-QM and residential mortgage-backed securities (RMBS), announced AD Mortgage Trust 2026-NQM5 (ADMT 2026-NQM5), the company’s fifth securitization of 2026. The $432.4 million transaction marks another step in AD Mortgage’s steady issuance schedule and reflects its successful push to spread its loan pools across more regions of the country.
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PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) announced that its Correspondent Group will launch a new suite of non-qualified mortgage (Non-QM) products on September 22. These products will expand access to flexible financing for borrowers who do not meet traditional agency criteria.
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