Non-QM

Former mortgage consultant joins non-QM lender to oversee its internal underwriting, wholesale, and correspondent teams.

Nearly 74% of the pool of 1,139 residential mortgages are designated as non-QM loans.

The $408.9M non-prime RMBS transaction includes 904 residential mortgages characterized by a high concentration of non-QM loans.

Union Home Mortgage names new VPs of national sales, national business development, and retail sales-East Division.

New non-QM wholesale lender anticipates a boom in alternative loan products as rates climb and applications fall..

They will help produce, manage, and originate loans for homebuyers in the Greater Birmingham area.