Investors in the secondary market are showing strong demand for debt service coverage ratio mortgages, even with delinquencies ticking up.

Velocity this week announced a $500 million debt offering. The lender plans to use part of the proceeds to acquire a company.

Balance Homes resumes operations; non-QM impairments rise in December; Brokers First Funding appoints Steven Winokur as chief marketing officer; American Heritage Lending offering product based on income from cannabis.

Growing acceptance of DSCR loans is helping drive improved lending flexibility.

Players in the non-agency market are touting the benefits of thoughtfully using artificial intelligence for debt service coverage ratio loans and residential transition loans.

Rating criteria for securitizations of residential transition loans has helped boost investor participation in the sector, according to officials at Morningstar DBRS.

Conforming jumbo business at the GSEs fell 14.4% on an annual basis to $31.85 billion in 2025.

Morningstar DBRS has rated 30 securitizations involving residential transition loans since introducing rating criteria for the asset class in August 2023.

The conservative-majority justices appeared critical of the arguments from Trump’s Solicitor General D. John Sauer and expressed concern that Trump’s move could “shatter” the Fed’s independence.

The Supreme Court heard oral arguments this week in the case involving whether President Trump can fire Federal Reserve Governor Lisa Cook. Many of the justices appeared to oppose Trump’s effort.