Sprout Surprises Everyone With Abrupt Shutdown
Employees thought the company was doing well, only to lose their jobs Wednesday.
Tagged: Non-QM
Angel Oak Home Loans Opens 4 New Branches Across 3 States
Continues westward expansion as company grows to 47 branches.
KBRA Assigns Preliminary Ratings To Non-QM Offering OBX 2022-NQM6
The $387.9 million non-prime RMBS transaction is characterized by a notable concentration of alternative income documentation (87.7%).
Fitch Assigns Expected Ratings To Non-QM Offering STAR 2022-4
Of the loans in the pool of 673 loans with a balance of approximately $357.4 million, 54.5% are designated as Non-QM.
FGMC Launches Non-QM Loan Program To Tap Equity
Explorer Equity program offers flexible guidelines and expanded credit parameters for borrowers who may not otherwise qualify.
KBRA Assigns Preliminary Ratings To Non-QM Offering VERUS 2022-6
The $524.5 million non-prime RMBS transaction consists of mortgages originated by various lenders, including Castle Mortgage.
Newrez Targets Non-Traditional Borrowers With Non-QM Products
The Smart Series offers self-employed, others the opportunity to buy homes at fair price points through expanded guidelines.
Non-QM Loans Have Nearly Doubled This Year
What’s happening with Non-QM loans? Are more borrowers finding themselves in unconventional employment situations or is the industry looking for a new product?