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Home » Topics » Inside Nonconforming Markets » Originations

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News Briefs

May 10, 2024
James Dohnert
Carrington hires Winokur; Newfi expands EquityChoice product to new states; Loanstream offers special pricing for non-QMs.
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Better the Latest Nonbank to Offer Home Equity Loans

April 26, 2024
James Dohnert
Better joins a number of other nonbanks offering home equity loans as traditional refinance business is slow.
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News Briefs

April 26, 2024
James Dohnert
CMS launches ITIN product; Liberty Home Mortgage to start using FICO Score 10 T for nonconforming loans.
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Jumbo Credit Standards Loosen Amid Home Price Growth

April 12, 2024
James Dohnert
Credit standards for jumbo mortgages loosened in March. The changes came as home prices continue to increase.
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Verus Brings New Investors to Securitization Business

April 12, 2024
James Dohnert
Verus Mortgage Capital has grown its non-agency MBS issuance as more investors show interest in the expanded-credit mortgage market.
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Sachem Capital Sees Shrinking Profits Due to High Rates

April 12, 2024
James Dohnert
Higher interest rates and tighter lending standards led to a decline in income at the business-purpose lender.
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News Briefs

April 12, 2024
James Dohnert
Ocwen to rebrand as Onity; Planet Home Lending adopts new FICO Score 10 T; insurance coverage a growing concern for real estate investors; NQM Funding loosens guidelines; Arch Mortgage Funding expands non-QM acquisitions.
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As Non-QM Delinquencies Rise, Lenders Take Note

March 29, 2024
Paul Muolo
Delinquencies on non-QMs are starting to keep some senior managers up at night. The fear: a wave of buyback requests.
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Ruling May Have Major Impact on BPL Market

March 29, 2024
James Dohnert
A recent victory in court for Sharestates could lead to increased originator protections in the business purpose lending market.
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Nonbanks Turn to Second Liens (and Second Homes)

March 29, 2024
James Dohnert
Nonbank lenders are offering new HELOC options for homeowners who are self-employed or are looking to tap equity in their investor and second-home properties.
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