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Figure Launches Platform for DSCR Mortgages

October 17, 2025
Abby Zimmardi
The platform facilitates originations and sales of debt service coverage ratio mortgages.
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LBC Mortgage Expands Lending Area for DSCR Loans

October 17, 2025
Abby Zimmardi
The California-based lender is now offering DSCR mortgages in 40 states.
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News Briefs

October 17, 2025
Abby Zimmardi
LoanLogics offering non-QM bank statement analysis; PHH revamps non-QM offerings; Visio increasing production.
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Non-Agency MBS Issuance Already Topping 2024 Levels

October 3, 2025
Abby Zimmardi
Issuance in the first nine months of this year already surpassed the volume seen in all of 2024. Expanded-credit loans are leading the charge. (Includes data tables.)
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GSE Conforming Jumbo Business Trending Down in 2025

October 3, 2025
Abby Zimmardi
The volume of conforming jumbo mortgages in the first nine months of 2025 fell by 17.2% compared to 2024. (Includes data table.)
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Delinquencies on Non-QMs Spike in August

October 3, 2025
Abby Zimmardi
The impairment rate on securitized non-qualified mortgages rose sharply in August. The increase can largely be explained by the month ending on a Sunday, according to dv01.
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Expanded-Credit Lenders Partner With Investors

October 3, 2025
Abby Zimmardi
Invictus Capital Partners and CrossCountry announced separate partnerships with loan investors.
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Losses Mount at Fix-and-Flip Player Groundfloor

October 3, 2025
Abby Zimmardi
Groundfloor Finance took a $2.1 million loss in the first half of 2025. The firm focuses on fix-and-flip lending.
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Constructive Capital Touts Looser Underwriting

October 3, 2025
Abby Zimmardi
Constructive Capital is posting below average delinquency rates on mortgages for investment properties while offering more lenient underwriting than the industry average.
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Better Launches HELOCs With Bank Statement Underwriting

October 3, 2025
Abby Zimmardi
Better’s new home equity line of credit offering is aimed at self-employed borrowers and small-business owners.
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Latest Imf News

  • Broker Share of Originations Ticks Up in Third Quarter

  • FHA Proposes Raising Draw Limits on Rehabilitation Loans

  • SEC Sees Support for Effort to Revise MBS Disclosures

  • Homebuilder Hovnanian Takes Quarterly Loss, Margins Shrink

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  • Nonbanks Post Small Drop in Mortgage-Banking Income

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