There’s more blood on the tracks in the non-QM market
There’s more blood on the tracks in the non-QM market
The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp.
The post There’s more blood on the tracks in the non-QM market appeared first on HousingWire.
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp.
The post There’s more blood on the tracks in the non-QM market appeared first on HousingWire.
The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp.
The post There’s more blood on the tracks in the non-QM market appeared first on HousingWire.
The new originators and aggregators that Fitch Ratings added to its residential mortgage-backed securities coverage are focusing on non-qualified mortgage opportunities, and not just for the near-term.This comes from the latest Fitch's quarterly originator/aggregator handbook, published Aug. 1, which includes both conforming and nonconforming market participants as well as Fannie Mae and Freddie Mac.Pricing issues impacted the nonconforming securitization market in the first half of the year, a...
The new originators and aggregators that Fitch Ratings added to its residential mortgage-backed securities coverage are focusing on non-qualified mortgage opportunities, and not just for the near-term.This comes from the latest Fitch's quarterly originator/aggregator handbook, published Aug. 1, which includes both conforming and nonconforming market participants as well as Fannie Mae and Freddie Mac.Pricing issues impacted the nonconforming securitization market in the first half of the year, a...
With the 40-year IO mortgage, borrowers make interest-only payments for the first 10 years, which NewRez says increases their purchasing power and allows for more affordable monthly payments.
The post NewRez debuts 40-year non-QM mortgage product appeared first on HousingWire.
With the 40-year IO mortgage, borrowers make interest-only payments for the first 10 years, which NewRez says increases their purchasing power and allows for more affordable monthly payments.
The post NewRez debuts 40-year non-QM mortgage product appeared first on HousingWire.
MAXEX, a major mortgage trading and aggregating platform, has unveiled a series of new programs designed to serve originators and loan buyers in the growing non-QM lending market.
The post  MAXEX seeks to capitalize on expanding non-QM market appeared first on HousingWire.
MAXEX, a major mortgage trading and aggregating platform, has unveiled a series of new programs designed to serve originators and loan buyers in the growing non-QM lending market.
The post  MAXEX seeks to capitalize on expanding non-QM market appeared first on HousingWire.
The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending?
The post The looming non-QM commoditization question appeared first on HousingWire.
The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending?
The post The looming non-QM commoditization question appeared first on HousingWire.
Non-QM specialist Angel Oak Mortgage Solutions is the latest player in the space to cut a sizable chunk of its workforce amidst widespread market volatility.
The post Non-QM lender Angel Oak Mortgage Solutions cuts 20% of staff appeared first on HousingWire.
Non-QM specialist Angel Oak Mortgage Solutions is the latest player in the space to cut a sizable chunk of its workforce amidst widespread market volatility.
The post Non-QM lender Angel Oak Mortgage Solutions cuts 20% of staff appeared first on HousingWire.
Non-QM specialist Angel Oak Mortgage Solutions is the latest player in the space to cut a sizable chunk of its workforce amidst widespread market volatility.
The post Non-QM lender Angel Oak Mortgage Solutions cuts 20% of staff appeared first on HousingWire.
Non-QM specialist Angel Oak Mortgage Solutions is the latest player in the space to cut a sizable chunk of its workforce amidst widespread market volatility.
The post Non-QM lender Angel Oak Mortgage Solutions cuts 20% of staff appeared first on HousingWire.
In the most challenging mortgage market in well over a decade, executives at Impac have opted to pull back on non-QM products, which represent most of the company’s originations. It resulted in Impac bringing in less than $500,000 in revenue between April and June. Â
The post Impac Mortgage Holdings backs off non-QM, posts ugly Q2 results appeared first on HousingWire.
In the most challenging mortgage market in well over a decade, executives at Impac have opted to pull back on non-QM products, which represent most of the company’s originations. It resulted in Impac bringing in less than $500,000 in revenue between April and June. Â
The post Impac Mortgage Holdings backs off non-QM, posts ugly Q2 results appeared first on HousingWire.
With lower agency volume to pull from, many brokers are turning to non-QM to supplement their income. Find out more here:
The post How brokers can reach more and new borrowers with non-QM  appeared first on HousingWire.
With lower agency volume to pull from, many brokers are turning to non-QM to supplement their income. Find out more here:
The post How brokers can reach more and new borrowers with non-QM  appeared first on HousingWire.
With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. For those borrowers historically underserved in the traditional mortgage industry, Deephaven Mortgage has proven that its expertise in the non-QM space can benefit both brokers and borrowers.
The post Deephaven Mortgage offers hands-on training to help brokers gain expertise with non-QM product offerings appeared first on HousingWire.
With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. For those borrowers historically underserved in the traditional mortgage industry, Deephaven Mortgage has proven that its expertise in the non-QM space can benefit both brokers and borrowers.
The post Deephaven Mortgage offers hands-on training to help brokers gain expertise with non-QM product offerings appeared first on HousingWire.