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Coming Up:
Wells Fargo Wins In Court
One lawsuit dismissed, another allowed to move forward on limited grounds
KBRA Assigns Preliminary Ratings To Non-QM Offering EFMT 2022-3
In the nearly $346 million RMBS transaction, 58% of the loans are categorized as Non-QM.
Can Non-QM Lenders Find Investors?
Are the troubles at FGMC and Sprout isolated or the beginning of a trend?
Housing Supply Shortage Continues Despite Increasing Interest Rates
Net new listings increase for pricey homes (400k+), while new listings for affordable homes decrease.
2 N.Y. Men Plead Guilty To Mortgage Fraud In Conn.
BH Property Management employees overstated the value of multifamily housing properties in Hartford.
Non-QM Lenders Could Face Serious Headwinds
Major warehouse lender placing restrictions on funding advances.
MBA: Mortgage Applications Continue To Subside
In latest weekly survey, applications decreased 1.7% from one week earlier.
Jason Quigley, Former Big Retail MLO Turned Mortgage Broker
Former Big Retail MLO Turned Mortgage Broker
Inflation Rolls Merrily Along: 9.1% In June
Latest Consumer Price Index report sets up Federal Reserve for another 75-basis-point rate hike.