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Home » Topics » Inside Nonconforming Markets » Non-QM

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News Briefs

October 6, 2023
James Dohnert
Acra Lending implements Tavant solution; Angel Oak Mortgage announces guideline enhancements; Fluent Mortgage expands East Coast footprint; ClearEdge Lending adds P&L underwriting to all non-QM programs.
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Alternative-Doc Loans Pique Lenders’ Interest

September 22, 2023
James Dohnert
Lenders are considering alt-doc loans to drum up originations in a highly compressed market.
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Second-Home Market Falters

September 22, 2023
James Dohnert
New regulations around short-term rentals have put the squeeze on mortgages for second homes.
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Team Behind Civic Launches New BPL Lender

September 22, 2023
James Dohnert
Former Civic Financial President William Tessar’s new business-purpose lending venture, CV3, is staffed by more than 150 employees from his former company.
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News Briefs

September 22, 2023
James Dohnert
New non-QM and jumbo securitizations hit the market; The Mortgage Calculator launches DSCR product.
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Court Favors Change Lending in CDFI Case

September 8, 2023
James Dohnert
A temporary restraining order against the CDFI Fund’s notice of revocation has resulted in Change Lending regaining its status as a community development financial institution.
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Redwood Launches Home Equity Investment Platform

September 8, 2023
James Dohnert
The new in-house home equity investment origination platform will operate through Redwood’s correspondent channel and a direct-to-consumer originations platform.
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Lenders Bring Buydowns to Non-QMs

September 8, 2023
James Dohnert
After finding success in the agency space, lenders are testing buydowns in the non-QM market.
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Altisource Loses CEO, Will Stick With Non-QMs

September 8, 2023
James Dohnert
Altisource Asset Management reaffirmed its commitment to the non-QM space after the resignation of its CEO Jason Kopcak.
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Expanded-Credit MBS Issuance Picks Up Steam

September 8, 2023
James Dohnert
Six expanded-credit MBS started marketing within the past two weeks. There’s also a rare prime non-agency deal in the market.
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