This session sets the tone for the conference, focusing on the sources of capital and its costs as we enter 2026. Panelists will cover securitizations, forward flow structures, warehouse and bank lines, and whole loan buyers—plus how rate movements, credit spreads, and macro conditions are impacting RTL, DSCR, and small-balance commercial execution. The goal is to give lenders and investors a realistic view of the next 12 months.