Rate-Lock Woes Hit Non-QM Lenders April 11, 2022 One problem: Non-QM lenders haven't been hedging their pipelines...Read More
Sources: Non-QM Lender Sprout Trims Staff April 7, 2022 Paul Muolo At press time, Long Island-based company, started by Alt A veteran Michael Strauss, could not be reached for comment.Read More
Pretium Sees Strong Demand for New Non-Agency Mortgage Fund April 6, 2022 Brandon Ivey Pretium's new $1.7 billion fund for residential credit investments is nearly double the size of the firm's previous fund.Read More
GR Ponders Conduit to Take Advantage of LLPA Changes April 5, 2022 Paul Muolo For years, GR has been an active originator of mortgages on second homes and has developed strong ties to real estate agents in resort areas.Read More
Non-QM Wholesaler Rescinds Rate-Lock Changes April 4, 2022 Brandon Ivey and Paul Muolo The firm added, “We understand the change caused confusion and stress for you and your borrowers and for that we apologize.”Read More
Fix-and-Flip Lender Sachem Has Flat Quarter, Faces Stiffer Competition April 1, 2022 Brandon Ivey Sachem Capital more tan doubled its originations...Read More
Amid Issuance Slowdown, Bayview Offers GSE IPL Deal March 30, 2022 Brandon Ivey The mortgages have seasoned for an average of 5.7 months and have a coupon of 3.65%...Read More
As Secondary Market Volume Drags, Maxex Trims Staff March 25, 2022 Paul Muolo CEO Tom Pearce noted the cutbacks were a difficult choice...Read More
Jumbo Lending Through Correspondents Increases in Fourth Quarter March 23, 2022 Brandon Ivey The increase in correspondent lending was driven by JPMorgan Chase and Wells Fargo...Read More
A New Non-QM MBS Issuer Appears on the Horizon March 23, 2022 Brandon Ivey Marathon Asset Management provided Long Run Partners with start-up capital...Read More
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