Kiavi, a residential transition loan lender, closed one unrated securitization last week and is marketing another rated issuance.

The platform is designed to help foreign investors purchase homes remotely. The new offering comes at a time when foreign investment in the U.S. housing market is shrinking.

Voxtur and Deephaven team on mortgage pipeline technology; CMG Mortgage to use FICO Score 10 T; Riskspan analyzes RTLs; ex-CEO of Genesis Capital launches new lending company.

The product allows for debt service coverage ratio below 0.75, while many DSCR lenders require a ratio of at least 1.0.

The funding will go toward Faes & Co.’s F2 Finance, a fix-and-flip lender based in the U.S.

Jumbo MBS issuance is off to a strong start in the third quarter, with five deals marketing within the past two weeks.

A new reperforming loan securitization from MFA Financial includes loans originated through Change Lending’s low-documentation program.

More high net-worth consumers are shunning jumbo mortgages and purchasing luxury homes in all-cash deals.

Early trends have been mixed, but more private credit funding and a potential rate cut should help boost short-term rental lending this year.

Experts speaking at an event hosted by the Urban Institute said that CDFIs are developing novel ways to help more underserved borrowers achieve homeownership.