Tagged: DSCR

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

Investor and DSCR loans drive the segment’s growth as conforming lending loses ground

Institutional capital is fueling Non-QM’s growth, but stronger data integrity and auditable underwriting will determine which lenders endure

The Non-QM specialist will underwrite and fund California loans in-house while retaining access to more than 90 wholesale lenders across its broader footprint

The acquisition puts Kiavi’s investor-lending platform across Figure’s network of more than 480 partners as DSCR lenders compete on pricing, credit, and closing speed

The transaction would increase Velocity’s originations to approximately $4.8 billion and assets under management to roughly $10 billion

Angel Oak panel points to past clients, trapped equity, and harder-to-finance properties as overlooked sources of production

How originators can pair market expertise with Non-QM products to solve borrower problems and uncover new business

Consumer loan marketplace volume reached $4.3 billion as Figure Connect drove more production off the company’s balance sheet and helped lift adjusted margins to a record 55%

Purchase locks fell 12% from June as the conforming share dropped to 47.3%, extending the mortgage market’s shift toward more specialized products