Officials that operate non-QM correspondent platforms suggest that mortgage brokers can see success by shifting channels.

The community development financial institution won a lawsuit against its former chief of staff, Adam Levine, over a multi-million-dollar extortion scheme.

Leaders in the non-qualified mortgage space see promise in artificial intelligence, ample liquidity and the need for better marketing.

Players in the non-QM market believe the sector is lacking in awareness and education.

Industry attorneys stress that there are steps mortgage lenders can take to avoid running into legal issues with originating business-purpose loans.

The Seattle-based mortgage fintech has issued a $150 million securitization backed by residential transition loans and launched an artificial intelligence-powered data suite.

Technology is helping servicers overcome the complexities caused by lack of standardization among non-QM practices.

ARDRI appoints Christine Lacy as vice president of wholesale production; Dominion Financial Wholesale appoints William Fisher as director of wholesale sales; new wholesale mortgage banking platform launches; ResiCentral launches expanded non-qualified mortgage product suite; Beeline Holdings rolls out home equity access product; Guild Mortgage adopts FICO Score 10 T; Chimera Investment to acquire HomeXpress Mortgage.

A successful partnership between an investor and an originator comes down to reliability and consistency, speakers at the Non-QM Forum last week said.

The non-qualified mortgage market is growing in step with the gig economy, according to industry leaders.