Figure 1 (below)+//0Awv/9AKA-shows the historical trend in the cash sales share by sale type. Real estate+AC0-owned (REO) sales had the largest cash sales share in July 2014 at 56.3 percent

Non-QM lending is no longer a niche offering — it’s a vital part of the product suite for lenders who are succeeding. As more borrowers fall outside the agency box, lenders need to be equipped with products that meet today’s realities: self-employed borrowers with complex in...