The changes to the CDFI certification process provide increased flexibility while ensuring organizations remain mission driven.

First-lien mortgage portfolio holdings at banks and thrifts increased by 0.8% from June to September. (Includes data table.)

PIMCO, Invictus Capital Partners, Angel Oak and Angelo Gordon are expected to issue securitizations backed by investment-property mortgages underwritten using debt-to-service coverage ratio.

Originations of adjustable-rate mortgages stayed flat in the third quarter while total first-lien production declined somewhat. (Includes data table.)

CoreLogic expects home equity lending to increase next year following a lull in HELOC originations this year.

Alternative-documentation and investor-property mortgage products are gaining interest, according to loan trading platform Maxex.

Upright adds DSCR loans; A&D Mortgage approved for lending in Iowa; Faes & Co launches fund for bridge loans; Newfi joins ARIVE lender marketplace.

LoanNex reported an increase in non-QM pricing scenarios in October as borrowers are more willing to lock loans in the current interest rate environment.

The FHFA increased the baseline conforming loan limit by 5.6% for 2024, while new research finds increasing conforming loan limits impacts home prices and loan volumes.

In a tight lending environment, lenders report success from loan products for medical professionals.