Life insurance companies are increasingly looking to expand their capital allocation in non-qualified mortgage investments, according to Angel Oak Capital.

Carlyle agreed to purchase up to $300 million of equity-sharing home loans originated through a new program from Unison.

Vacation rentals such as Airbnbs are increasingly being financed through debt service coverage ratio loans.

Improvements in non-QM underwriting standards are helping to stabilize loan performance.

Achilles Mortgage to focus on fix-and-flip lending; EverBank to buy Sterling Bank; CV3 launches loan servicing division; Chain Bridge files for initial public offering.

Delinquencies on non-QM loans are increasing despite servicers’ best efforts to ensure borrowers don’t go into foreclosure.

In addition to releasing new guidance, the Treasury also pushed back the deadline for submission of new CDFI Fund applications to allow lenders more time to review new guidance requirements.

A slate of new non-agency MBS was announced over the past two weeks, including two of the largest non-QM deals of the year.

Angel Oak Capital Advisors issues 50th non-agency MBS; locks on mortgages for second homes hit eight-year low; Acra Lending updates guidelines for DSCR program.

Strong returns post-2008 have led investors to increasingly consider non-qualified mortgage loans for their portfolios.