The risks that come with originating loans that don’t receive qualified mortgage protections can be significant. However, industry participants suggest that low-risk non-QMs can be priced at levels similar to the interest rates available on QMs. While interest-only mortgages don’t meet the Consumer Financial Protection Bureau’s standards for QMs, a number of banks plan to continue to offer IOs to well-qualified borrowers. Analysts at Barclays Capital noted that the loans don’t present lenders with ...