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“One” is the first in a series of non-agency mortgages the wholesaler plans to introduce this year.
July 15 -
It is only a modest positive for new publicly-traded mortgage companies if acting Federal Housing Finance Agency head Sandra Thompson rolled back the caps put in place by the agreement with the Treasury.
July 2 -
The company provides a secondary market outlet for its retail and wholesale lending corporate sibling as well as for small balance commercial loans.
May 21 -
While the product was hard to find after the start of the pandemic, the Consumer Financial Protection Bureau’s recent changes to Appendix Q are giving a pair of large wholesalers the chance to offer it as a qualified mortgage.
May 10 -
The company is shifting some of its conforming-focused call center resources not just into the growing non-QM channel but to Veterans Affairs products as well.
May 7 -
The subsidiary of New Residential Investment produced nearly $400 million in non-QM volume in the first quarter of 2020 before putting a hold on the product offering in March.
January 25 -
Upcoming changes to underwriting regulations, as well as the end of the QM patch, in addition to growing home values, all add up for this market to have a good year.
January 19 -
The company is finding it challenging to ramp originations back up after spending most of the second quarter on the sidelines.
November 5 -
Existing-home sales reach 14-year high as bidding wars increase across the country.
October 23 -
The agency confirmed that loans backed by Fannie Mae and Freddie Mac can continue avoiding debt-to-income limits as the bureau completes a revamp of the Qualified Mortgage standard.
October 20