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.

Life insurance companies are increasingly looking to expand their capital allocation in non-qualified mortgage investments, according to Angel Oak Capital.

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.

Improvements in non-QM underwriting standards are helping to stabilize loan performance.

Achilles Mortgage to focus on fix-and-flip lending; EverBank to buy Sterling Bank; CV3 launches loan servicing division; Chain Bridge files for initial public offering.

New rating criteria for securitizations of residential transition loans have helped increase uniformity across recent issuance.

Improved underwriting and consumer resiliency makes DoubleLine bullish on the consumer ABS market moving forward.

A bill to ban trigger lead activity was rolled into an annual appropriations bill. Congress also passed a stopgap funding bill through Dec. 20.

Seed funding was raised from Redwood Trust Ventures and Silicon Valley Bank, among other investors.