Latest Updates Around The World
Short-term rentals (STRs) have evolved from a niche investment strategy to a sustainable, institutionalized asset class. What hasn’t evolved at the same pace is how much lenders and valuation teams are approaching STR revenue risk. As investors become more sophisticated and DSCR (Debt Service Coverage Ratio) lending continues to grow, assessment has shifted from a […]
With mortgage rates expected to remain flat for the foreseeable future, lenders of all sizes are looking for creative ways to attract creditworthy borrowers who may not fit into the conventional lending package. Below are four trends that will allow lenders to expand their reach to new borrowers in 2026: Non-QM loans are becoming mainstream […]
“Continued demand for rental properties, driven by a tight housing market and rising rents, has also fueled real estate investor activity, making DSCR the financing vehicle of choice for these investments. Secondary investor interest in non-QM RMBS is also growing, and we may see DSCR enter this market in a meaningful way next year,” Halpern […]
The growth was driven by well-known industry veterans. TLS’ strategy is rooted in the previous experience of its leadership team – including CEO Phil Shoemaker, President Jason Lee and Chief Revenue Officer William Pendleton – at companies such as Caliber home loanswhich was sold to the parent company of Nurez for $1.675 billion in 2021. […]
According to a release from the North Carolina-based company, the self-employed HELOC offers an option for self-employed borrowers to qualify using 12 months of personal or business bank statements in lieu of tax returns. Deephaven manages the credit process, from disclosure to financing. Like Deephaven’s previously released Equity Advantage Closed-End Second product, the new Bank […]
As interest rates continue to fall and borrower confidence rebuilds, originators operate in a market that requires both adaptability and creativity. To better understand how mortgage professionals are approaching today’s environment, I asked four experienced originators to share how they are guiding clients, leveraging non-qualified mortgage solutions (non-QM), and refining their playbooks to stay competitive. […]
In terms of credit performance for these pools, delinquencies of 30 days or more ended the third quarter at 5.65%, little changed from the second quarter but up 33 basis points from a year earlier. Prepayment activity also increased, with conditional prepayment rates reaching 14.1%, while conventional mortgage rates fell to the low to mid-6% […]
Tyler Hodgson, UmortGage’s Executive Vice President of Growth and the man behind the deal, said Housing That this was the first exhaustion loan of the crypto assets that he did. He arranged the loan Borrowing mortgage After several lenders refused to consider the Crypto assets of the borrower. The borrower was missing traditional income documentation, […]
The non-qualified mortgage market has experienced considerable growth since the introduction almost ten years ago. 10 years in, credit assessments regularly release performance statistics for investors, who provide remarkable insight into this extremely versatile asset class. In a recent standard study into non-QM performance over the years, for example, KBRA analysts note that non-QM loans […]
The report showed that the mortgage interest rates in July in all loan types, with the optimum blue mortgage market indices (OBMMI) 30-year-old in accordance with 5 BP to 6.72%. Fha” Va and Jumbo rates rose to 6.50%respectively, 6.33%and 6.89%. Purchase volume was flat yo, while the cash-out and the refinancing locks of the rate […]
