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Non-QM
REC. Sep 28, 2022
DealDesk: Introduction to Acra Lending's Light Doc Programs
Sep 28, 2022
The Interest
Are Politics Impacting Where Homebuyers Move?

A new study shows customers care about social issues.

Sep 28, 2022
NMP's The Principal
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Appraisers Share Biggest Challenges In Recent NAR Survey

Lack of inventory, declining housing affordability cited most often.

Analysis and Data
MAXEX Launches New Non-QM Liquidity Programs

Programs are intended to meet the needs of originators and loan buyers in the Non-QM market.

Non-QM
NAR: Pending Home Sales Fall For 3rd Straight Month

Index fell 2% in August from July, and is down 24.2% year over year.

Analysis and Data
Homebuyers Challenged By Mortgage Rate 'Whiplash'

Redfin says a house hunter looking for a $500,000 home saw their potential total mortgage payment decrease $64,000 from July to August, but jump up $118,000 from August to September.

Analysis and Data
Mortgage Applications Follow 1st Weekly Increase With Similar Decline

After rising nearly 4% the previous week, applications fell nearly 4% last week as interest rates rose.

Analysis and Data
OCC Fines Sterling Bank & Trust $6M Over Mortgage Fraud

Bank, parent company remain under criminal investigation by Justice Department and SEC.

Regulation and Compliance