Maxex expects increased investor demand and high interest rates to help drive non-agency loan originations in 2025.

Changing market dynamics and training efforts provided a boost to Rate’s non-qualified mortgage business last year.

An increase in the number of borrowers with non-traditional income sources has led more lenders to consider automated and AI-based underwriting practices, according to Ocrolus, a tech vendor.

Lenders are considering alt-doc loans to drum up originations in a highly compressed market.