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Home » Topics » Inside Nonconforming Markets » Originations

Originations
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FICO Score 10 T Gets Another Early Adopter

March 1, 2024
James Dohnert
Premier Lending will use the new FICO 10 T scoring model for its nonconforming originations.
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News Briefs

March 1, 2024
James Dohnert
Finance of America to issue MBS backed by jumbo reverse mortgages; Aslan teams with Calque; 5th Street Capital licensed in Wyoming.
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Summit Funding Makes Wholesale Non-QM Play

February 16, 2024
James Dohnert
The lender’s new wholesale lending program will be led by Thomas Yoon, who has more than 18 years of non-QM industry experience.
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Fix-and-Flip Industry Cautiously Optimistic About 2024

February 16, 2024
James Dohnert
Falling interest rates are fueling optimism over growth in the fix-and-flip lending space this year, but competition from new homebuilders may dampen market expectations.
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Bank Statement Loans Can Provide New Options for Brokers

February 16, 2024
James Dohnert
A&D Mortgage highlighted the advantages of bank statement loan products during a recent webinar.
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News Briefs

February 16, 2024
James Dohnert
Logan Finance hires new chief of staff; Hometap tops $1 billion in HEI funded products; Primis Bank adopts FICO Score 10 T; LendSure announces new bridge loan product; A&D Mortgage offers leap year promotion.
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Carrington Working to Boost TPO Non-QM Volume

February 2, 2024
James Dohnert
Samuel Bjelac is returning to Carrington Mortgage Services to help grow non-QM originations in its third-party origination channels.
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Angel Oak Launches HELOC Product for Self-Employed Borrowers

February 2, 2024
James Dohnert
The HELOC program will use 12 or 24 months of bank statements for income verification.
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Angel Oak Predicts Growth for Niche Equity Products

January 19, 2024
James Dohnert
Angel Oak executives believe home equity products for self-employed and non-QM borrowers could be a growth area for brokers this year.
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Opteon Launches Short-Term Rental Analysis Tool

January 19, 2024
James Dohnert
The tool for non-QM lenders is designed to help replace the 1007 form traditionally used for appraising rental properties.
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