Non-QM
LoanStream launches DSCR Seconds, allowing borrowers to use a second mortgage to fund their next purchase.
Program offers a solution for lenders and homeowners seeking financial consolidation.
Industry experts discuss rise of accidental landlords, opportunities in self-employed market, and increasing importance of non-standard loans.
However, originations and economy should improve starting in 2024.
Carrington Mortgage Services looks to enhance homebuyer affordability.
Says its new offerings should help potential homebuyers, and especially first-time buyers.
Non-QM lender says expansion will allow it to offer more options to mortgage bankers nationwide.
Analyst says expansion of Bank Statement Loan Program just another way to serve the market.
Calls securitization an 'inflection point' for the company.