The former president has proposed banning mortgages for undocumented immigrants if elected to a second term. At this point, the loans are largely only available in the non-agency market.

Arc’s new HELOC product is a fully digital offering that can lead to loan funding in less than five days.

Planet Management Group is increasing its non-agency servicing portfolio and recently received an upgraded rating.

Genesis Capital has issued more than $1 billion in rated residential transition loan securitizations since Morningstar DBRS started rating the securitizations in March.

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.

The new joint venture has already issued its first MBS, with expanded-credit mortgages originated by A&D Mortgage.

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.

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.