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

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

Deephaven expands DSCR program guidelines; Ares Management markets first non-QM MBS in over a year; A&D Mortgage introduces a partner loyalty program; Angel Oak Mortgage REIT plans $50 million debt offering.

Servicers must adjust their thinking on delinquencies, reserves and collections when the borrower is an investor rather than an occupant.

John Beacham, CEO of Toorak Capital Partners, said ratings on fix-and-flip securitizations are attracting more investor interest and prompting better pricing for issuers.

Most of the noncore categories where the GSEs are active lagged overall market growth. The one that didn’t: conforming jumbos. (Includes data table.)

The business-purpose lender launched a broker channel and expects to expand its wholesale operations in the years to come.

One in 12 home sales in the first quarter of 2024 was a flipped home, but only one-third of flippers used financing.

EquiFi hires new leadership for mortgage division; Encompass Lending to use FICO Score 10T; LoanStream announces July pricing special; Change Lending appoints new CFO.

A&D Mortgage increases loan limits for foreign national loans; Invictus Capital Partners starts loan-selling business for insurance companies; Dunmor adds two new executives.