Wholesale non-QM lender June Point Lending has expanded its debt-service-coverage-ratio mortgage program to California, bringing its DSCR offering to 19 states and adding one of the country’s largest mortgage markets to its footprint.The company announced the...
Intercontinental Exchange has launched a loan-level evaluated-pricing service for residential whole loans, bringing its fixed-income pricing framework into a market where individual mortgages can be harder to value consistently than securitized mortgage assets. ICE...
There are borrowers in America who can responsibly repay a mortgage and still do not fit neatly into the underwriting box we built for them. Anyone who has spent time in mortgage lending has seen this. A self-employed business owner may have substantial cash flow but...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
