With debt service coverage ratio loans becoming increasingly popular among lenders, underwriters need to balance guidelines against regional variations in rental values.

Refi promotion at A&D and DSCR expansion; Hometap brings new HEI securitization; Aclara Lending enters the non-QM lender space.

Brokers took ground in nonconforming loan originations from retail and correspondent lenders during the first half of 2024. (Includes two data tables.)

Despite interest rate cuts from the Federal Reserve, fix-and-flip lenders believe a lack of inventory and traditional seasonality will lead to a quiet end to 2024.

Life insurance companies are increasingly looking to expand their capital allocation in non-qualified mortgage investments, according to Angel Oak Capital.

Carlyle agreed to purchase up to $300 million of equity-sharing home loans originated through a new program from Unison.

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.

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