Tag Archives: A&D Mortgage

A&D Mortgage closes acquisition of Mr. Cooper’s 3rd-party channel

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Deal gives the nation’s biggest provider of riskier “non-QM” mortgages additional capacity to offer more traditional loans backed by Fannie and Freddie, FHA, VA and USDA. Continue reading →

Sprout Mortgage is 2nd non-QM lender to implode in as many weeks

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Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers. Continue reading →