AD Mortgage launches its largest non-QM securitization yet

AD Mortgage, a provider of non-QM and residential mortgage-backed securities (RMBS), announced on Friday the successful launch of a $602.7 securitization deal, its largest to date. The transaction, which follows the company’s first deal of the year, a $567.42 million transaction, marks AD’s 30th sec
Read MoreAD Mortgage research shows minor FICO improvements can ease homebuying costs

Improving a credit score could save homebuyers tens of thousands of dollars in mortgage interest, according to a new nationwide study from AD Mortgage, released on Thursday. The analysis, Credit Score vs. Mortgage Cost: How Long It Takes to Improve and How Much It Can Save, State by State, shows tha
Read MoreNew president at the helm at Sotheby’s Canada

Sotheby’s International Realty Canada has appointed Mustafa Abbasi as president, naming a technology-focused executive to lead the luxury brokerage’s next phase of growth. Previously serving as founding president of Zolo, Abbasi built a technology-driven brokerage operating across Canada. Following
Read MoreRocket Pro doubles broker credits with Compass deal, unveils ‘Jupiter’ LOS

Rocket Pro, the wholesale lending arm of Rocket Mortgage, announced a partnership with Compass to offer additional credits to brokers. It also unveiled a new loan origination system during its Ignite26 event on Thursday. Under a new program called Pro Purchase Power, brokers will receive 40 basis po
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