Non-QM
Non-QM investor purchased $534M in loans in the quarter, increasing portfolio to more than $1B.
Will offer a diverse range of conventional, Non-QM, and small-balance commercial loan products.
Fitch Ratings assigned expected ratings to Starwood Mortgage Residential Trust 2021-5, a pool of 644 loans, 54.2% are classified as Non-QM.
Publicly traded mortgage real estate investment trust reported its third-quarter earnings increased 20% from the previous quarter,
Kroll Bond Rating Agency assigned preliminary ratings to six classes of mortgage pass-through notes from CSMC 2021-NQM7 Trust, a $334.2 million non-prime RMBS transaction.
NP, Inc. announced the expansion of its retail division with the launch of a new DBA, Villa Home Loans.
Fitch Ratings assigned its expected ratings to Bravo Residential Funding Trust's 2021-NQM3 supported by 934 loans with a total interest-bearing balance of approximately $346 million as of the cutoff date, according to Fitch.