UWM Expands Non-QM Loan Program
Analyst says expansion of Bank Statement Loan Program just another way to serve the market.
Analyst says expansion of Bank Statement Loan Program just another way to serve the market.
Calls securitization an 'inflection point' for the company.
The $307M Non-QM offering is backed solely by its proprietary Community Mortgages.
BRAVO Residential Funding Trust 2023-NQM3 is supported by 674 loans with a balance of $302 million.
OBX 2023-NQM3 Trust is a $407.5M securitization backed by 807 mostly Non-QM loans, 22% from SG Capital.
TFG Rate Guarantee program offers chance to buy now and refi when rates fall.
Industry veteran Patrick Creek to help boost Non-QM sales in Texas and points west.
Calif.-based lender praises his experience & track record in Non-QM.
Completes 8th Non-QM securitization as company rebounds to a profit in Q4.