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.
Loan officers are increasingly offering clients buy-before-you-sell products to help them beat contingencies issues, according to HomeLight, a provider of buy-before-you-sell products.