#non-qm-mortgages

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#bank-statement-loans #self-employed-borrowers #mortgage-rates #second-liens #mortgage-securitization
Real estate
fromwww.housingwire.com
2 days ago

Bank statement loans: More mortgage options for self-employed buyers and homeowners as rates ease

Bank statement loans let self-employed or commission-based borrowers qualify for mortgages using 12–24 months of bank deposits and cash-flow documentation instead of W-2s.
fromwww.housingwire.com
2 months ago

Non-QM loans surge as gig economy grows

We just came off a record month, and this month (October) is on pace for another all-time record. I would say the drivers have been non-agency loans or non-QM. So if you look at just non-agency estimates earlier in the year, people were forecasting a range of $60 billion to $70 billion in non-QM. We're probably hit over $100 billion this year, so a 50% beat from the beginning of the year.
Real estate
Real estate
fromwww.housingwire.com
3 months ago

Pennymac correspondent division launches new non-QM offerings

Pennymac launched non‑QM mortgage products for borrowers with nontraditional income, retaining servicing and offering flexible documentation and loan structures through correspondent and TPO channels.
fromwww.housingwire.com
5 months ago

Logan Finance promotes Dave Weatherford to TPO production executive role

The series, which expands upon Logan's preexisting non-QM offerings, involves seven specialized Non-QM mortgage solutions designed to help brokers and correspondents serve borrowers who fall outside conventional lending guidelines.
E-Commerce
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