MFA Financial and other non-QM players could benefit if interest rates stabilize heading into 2024.

NP launches new jumbo program; Kiavi closes $275 million RTL securitization; Xome launches investment property market educational game; SunWest debuts DSCR loan product.

Even with elevated interest rates, some borrowers are opting for cash-out refinances to tap home equity.

Acra Lending implements Tavant solution; Angel Oak Mortgage announces guideline enhancements; Fluent Mortgage expands East Coast footprint; ClearEdge Lending adds P&L underwriting to all non-QM programs.

Lenders are considering alt-doc loans to drum up originations in a highly compressed market.

New regulations around short-term rentals have put the squeeze on mortgages for second homes.

Former Civic Financial President William Tessar’s new business-purpose lending venture, CV3, is staffed by more than 150 employees from his former company.

New non-QM and jumbo securitizations hit the market; The Mortgage Calculator launches DSCR product.

A temporary restraining order against the CDFI Fund’s notice of revocation has resulted in Change Lending regaining its status as a community development financial institution.

The new in-house home equity investment origination platform will operate through Redwood’s correspondent channel and a direct-to-consumer originations platform.