Vacation rentals such as Airbnbs are increasingly being financed through debt service coverage ratio loans.

Improvements in non-QM underwriting standards are helping to stabilize loan performance.

Achilles Mortgage to focus on fix-and-flip lending; EverBank to buy Sterling Bank; CV3 launches loan servicing division; Chain Bridge files for initial public offering.

Morningstar DBRS created rating criteria for securitizations of home equity investments in mid-2023. Since then, issuance has blossomed, and the sky’s the limit, according to industry participants.

Delinquencies on non-QM loans are increasing despite servicers’ best efforts to ensure borrowers don’t go into foreclosure.

In addition to releasing new guidance, the Treasury also pushed back the deadline for submission of new CDFI Fund applications to allow lenders more time to review new guidance requirements.

The Austin, TX-based company has launched a new buy-before-you-sell product aimed at helping homebuyers better compete in today’s tight housing market.

HomeLight rounded up $20 million in funding to help reach new lender partners as it expands its buy-before-you-sell product.

A slate of new non-agency MBS was announced over the past two weeks, including two of the largest non-QM deals of the year.

Fractional homeownership in Norway shows the potential for partial homeownership programs in the U.S., according to a study published by the Federal Reserve.