Renewed calls for standardization come with potential challenges unique to the non-QM sector.

The lender’s lawsuit alleges that a former account executive took private broker information from the company’s database and broke the lender’s noncompete clause.

Originations of expanded-credit mortgages declined in the first quarter, but not as much as total first-lien production. Trends among expanded-credit lenders were decidedly mixed. (Includes data chart.)

At a non-QM conference this week, leaders of non-QM operations detailed the importance of education for lenders looking to expand their book of business.

Legislation in 12 states may impact the buying power of foreign nationals from seven countries.

Deephaven Mortgage and Arc Home are looking to add to their operations and sales teams to take advantage of upcoming opportunities in the non-QM space.

Real estate investment trusts are facing adversity in the non-qualified mortgage space due to high interest rates and low originations.

Income spiked at MFA Financial in the first quarter of 2023. Officials attributed the improvement to prudent risk management maneuvers.

Velocity Financial reduced its production of business purpose loans for the second consecutive quarter but remained profitable in the early months of 2023.

Republic First Bank exits mortgage business; LoanNex’s non-QM marketplace comes to LendingPad; Former Athas Capital CEO to launch non-QM shop; new non-agency MBS; Maxex debuts program for alternative-doc loans.