Dunmor, a Los Angeles-based nationwide direct lender in residential transition loans, has launched a wholesale broker division. According to the company, the new division will enable wholesale mortgage brokers to offer residential transition loans to their clients....
Toorak Capital Partners Inc., a capital provider to the residential real estate lending industry, announced the closing of the first rated residential transition loan (RTL) securitization, Toorak 2024-RRTL1. RTLs are used by real estate investors use to renovate older...
Kiavi, a San Francisco-based provider of financing to real estate investors, closed an approximately $200 million, 24-month-term revolving securitization of unrated residential transition loans (RTLs). This transaction marks Kiavi’s 13th RTL transaction under...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
