NQM Funding updates DSCR product requirements; Truss Financial Group debuts no tax return HELOC product; Academy Mortgage launches DSCR offering; Angel Oak issues non-agency MBS that leverages blockchain technology.

While the retail channel remained the predominant source for jumbo lending, originations through the channel fell 9.0% from the second to the third quarter. Correspondents and brokers gained share. (Includes data table.)

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

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.

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.

LendSure’s reverse 1031 exchange with bridge loan program offers investors the chance to defer capital gains taxes when selling one investment property and buying another.