“And that’s not going to change with the rates pulling back a little bit. Having learned how to successfully close a couple of non-QM loans, they’re not going to, all of a sudden, stop doing that. They’re going to continue, so I’m excited about that.” Focusing solely on agency and government-type loans once the market
Kiavi, a San Francisco-based lender for residential real estate investors, announced on Tuesday the closing of a $400 million rated securitization of residential transition loans (RTLs) in an “oversubscribed” transaction. The deal marked Kiavi’s 19th securitization, elevating its total issuance to over $5 billion since it launched its securitization program in 2019, including $1.4 billion