The investor share of home purchases hit an all-time high in December.

Waiting for the Federal Reserve to cut interest rates is a bit like waiting for Godot. It seems as though a cut in rates may never come. Still, there is some improvement in volumes and margins in the non-QM sector.

As many as 88,000 individual tax identification number mortgages could be originated in a year if certain market barriers were removed, according to Urban Institute researchers.

A judge determined that Change Lending will be able to provide loans as a certified CDFI until at least December.

A record number of homeowners are turning to HELOCs to perform renovations on their properties or paydown credit card debt.

For years, banks have been dominant players in the non-agency jumbo space. One strategy: Originate a loan, place it in portfolio and earn a spread. But thanks to rising rates and increased regulatory scrutiny, the economics aren’t as attractive.

Amid a housing supply crunch, investors are finding it more profitable to focus on rental properties instead of fix-and-flip homes.

For the third consecutive month, mortgage credit availability declined, with some products reaching their lowest levels in a decade. It’s only expected to get worse as lenders worry about the economy.

Pushback of proposed certification requirements and a vacant leadership role have led to a year-long blackout on new CDFI applications.

Lenders that focus on non-qualified mortgages are expanding the credit box to reach more borrowers.