Tagged: DSCR

For business owners and investors, purchase price, negotiating power, and cash flow can create reasons to buy before rates fall

RCN Capital and Commercial Lender alleges $10M fraud behind Baltimore foreclosures

An Oct. 27 webinar will examine how originators can build relationships with financial advisers and other professionals

Non-QM lock volume rose 8% from August while overall activity declined, and adjustable-rate loans captured their largest share since Optimal Blue’s tracking began in 2019

Lenders pulled back on cash-out refinance and investor loan offerings in September, even as non-agency programs continued to support the jumbo market, and Non-QM lending gained market share

Benchmark Mortgage is shifting its resources to retail after closing Eleven’s wholesale and correspondent operation, while brokers face questions over loans already underway

With investor loans accounting for more than a third of Non-QM production, the company is bringing leases, rent schedules, and entity documentation into its pre-underwriting platform

How lenders and brokers can test the default, challenge the findings, and preserve a workable resolution in DPA, P&L, and DSCR disputes

Court records show more than 90 loans originated through one broker using six borrower LLCs, one title agency, and two principal appraisers

Lender says about 1,000 brokers have migrated to the platform, which has cut roughly one week from part of the closing process