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Home » Topics » Inside Nonconforming Markets » Non-QM

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News Briefs

October 25, 2024
James Dohnert
Click n’ Close expands shared appreciation mortgage product offering; and Kiavi promotes Tim Lawlor to the post of chief financial officer.
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Trump Proposal Would Impact ITIN Mortgages

October 11, 2024
James Dohnert
The former president has proposed banning mortgages for undocumented immigrants if elected to a second term. At this point, the loans are largely only available in the non-agency market.
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Planet Sees Increased Interest in Servicing for Non-Agency Loans

October 11, 2024
James Dohnert
Planet Management Group is increasing its non-agency servicing portfolio and recently received an upgraded rating.
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Lenders Have to Balance Underwriting Risk for DSCRs

October 11, 2024
James Dohnert
With debt service coverage ratio loans becoming increasingly popular among lenders, underwriters need to balance guidelines against regional variations in rental values.
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News Briefs

October 11, 2024
James Dohnert
Refi promotion at A&D and DSCR expansion; Hometap brings new HEI securitization; Aclara Lending enters the non-QM lender space.
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Brokers Gain Share in Nonconforming Market

September 27, 2024
James Dohnert
Brokers took ground in nonconforming loan originations from retail and correspondent lenders during the first half of 2024. (Includes two data tables.)
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Rate Cuts Unlikely to Boost Fix-and-Flip Activity

September 27, 2024
James Dohnert
Despite interest rate cuts from the Federal Reserve, fix-and-flip lenders believe a lack of inventory and traditional seasonality will lead to a quiet end to 2024.
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Life Insurance Companies Turn to Non-QM Investments

September 27, 2024
James Dohnert
Life insurance companies are increasingly looking to expand their capital allocation in non-qualified mortgage investments, according to Angel Oak Capital.
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Unison Partners With Carlyle for Equity-Sharing Products

September 27, 2024
James Dohnert
Carlyle agreed to purchase up to $300 million of equity-sharing home loans originated through a new program from Unison.
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Short-Term Rentals a Growing Portion of DSCR Volume

September 27, 2024
James Dohnert
Vacation rentals such as Airbnbs are increasingly being financed through debt service coverage ratio loans.
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