A massive influx of investor demand for business-purpose loans has prompted lenders to loosen underwriting standards for the asset class.

United Wholesale Mortgage joins a growing list of lenders offering a specialized mortgage product to medical professionals.

The real estate investment trust said the biggest hurdle in its eNote foray was the lack of adoption among its whole-loan partners.

Truss Financial and Deephaven Mortgage launched digital home equity line of credit products.

The fintech said the demand for shared-appreciation mortgages is a sign that traditional products have fallen short.

The correspondent channel accounted for 19.3% of nonconforming originations in the first quarter of 2026, up from 16.7% in the previous three-month period. (Includes two data tables.)

Figure expects to benefit from acquiring technology as well as business-purpose loan production.

Although the growth curve flattened a bit in 2025, production of loans with terms of two years or less increased by 15% last year. (Includes one data table.)

Poor quality appraisals and weak due diligence controls are leading to growing concern about appraisal values for non-QMs.