Adamas Trust acquired $632 million of business-purpose loans during the second quarter of 2026 and completed two BPL-rental securitizations.

Gershman Mortgage launches HELOC product; HighTechLending enhanced HELOC offering; Truss Financial Group launches a debt service coverage ratio HELOC; Movement Mortgage launches ITIN product.

Servicers of business purpose loans noted challenges handling the asset class due to the customizable structure of the loans.

Founded in 2019, New York-based Button Finance originally planned to focus on home equity lending, but is now branching out into non-qualified mortgages.

If passed, the Home Equity Lending Integrity Act would regulate home equity investment products, including subjecting HEIs to requirements under the Truth in Lending Act.

Impairments on non-qualified mortgages rose on a monthly basis in May, driven by higher new impairments and weaker cure and made payment rates, according to dv01.

June’s growth follows a period of stagnation as bridge lending volume flattened out at the end of 2025 and into early 2026.

More than 70% of buyers of luxury-priced homes pay in cash, while 6.5% of luxury buyers use traditional financing, according to a recent report from Coldwell Banker Global Luxury.

JPMorgan Chase offers unique non-agency MBS; book value declines at Redwood Trust; Silver Hill Capital launches medical professional loan program.

Some debt service coverage ratio loan borrowers are deliberately going delinquent while they renovate a property to improve its long-term rental performance.