Trump orders immediate expansion of US timber production

President Donald Trump issued an executive order on Saturday calling for the immediate expansion of U.S. timber production to increase the supply of American lumber. The wide-ranging executive order calls for the Secretary of the Interior, the Secretary of Agriculture, the director of the Bureau of
Read MoreDo mortgage rates have room to drop lower?
What a rollercoaster for economic news so far in 2025! As we head into March, many wonder, can mortgage rates dip even lower than we’ve seen since Jan. 14? Treasury Secretary Scott Bessent said Friday that “The housing market is stuck right now, but it will unfreeze in weeks.” Which begs the questio
Read MoreA&D Mortgage announces $459M RMBS transaction

Florida-based non-QM lender A&D Mortgage on Friday announced an offering of $458.9 million in residential mortgage-backed securities (RMBS), calling it “another milestone in the company’s commitment to expanding financing solutions for borrowers with diverse income streams.” The RMBS deal, done in p
Read MoreLongbridge parent again touts reverse mortgage performance in Q4 earnings

Despite the potential for uncertainty ahead, reverse mortgages continue to be a positive addition to the overall portfolio of Ellington Financial. This is according to an earnings presentation the company held on Friday morning, detailing its financial performance in the fourth quarter of 2024. Mult
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