eResi integrated with Intercontinental Exchange’s Encompass Investor Connect platform, looking to deliver non-qualified mortgages to investors.

In the luxury home space, 31% of repeat buyers are using cash, keeping all-cash purchases strong. Also, younger buyers who fit into the move-up buyer category are beginning to flood the luxury market.

The digital lending platform is expanding one year after its founding.

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.