Non-QM lending offers potential for lenders who are open to exploring underserved borrower profiles.
Read More »Angel Oak Expands With Two Additional Branches
Mortgage lender opens new branches in Colorado and Mississippi, marking the company’s fifth and sixth new offices in the span of 30 days.
Read More »Reaching Out to Underserved Mortgage Borrowers
An expert lists the different ways in which lenders can use non-QM loans to tap a demographic of well-qualified and deserving borrowers who might not be eligible for traditional mortgage products.
Read More »Which Borrowers Are Impacted By the ATR Rule?
These market segments were affected more by the Ability to Repay Rule compared to others according to CFPB’s assessment on this rule.
Read More »Are Non-QM Loans the New Subprime?
Many have feared the recent growing popularity in nonqualified mortgage loans could indicate another crisis is on the horizon, but are these worries warranted? New research released Thursday looks at the link between non-QM and subprime loans. Are they similar enough to spell another crash? Thursday’’s report has some interesting findings.
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