Non-QM lock volume rose 8% from August while overall activity declined, and adjustable-rate loans captured their largest share since Optimal Blue’s tracking began in 2019
The CRM deal advances plans for a single originator command center, connecting product eligibility and pricing with borrower engagement while preserving lenders’ choice of providers
With investor loans accounting for more than a third of Non-QM production, the company is bringing leases, rent schedules, and entity documentation into its pre-underwriting platform
Investor and DSCR loans drive the segment’s growth as conforming lending loses ground
Purchase locks fell 12% from June as the conforming share dropped to 47.3%, extending the mortgage market’s shift toward more specialized products
Lenders can use VantageScore 4.0 in Optimal Blue’s mortgage pricing, eligibility, hedging, trading, and MSR valuation workflows
June purchase locks climbed 14% year over year while non-conforming and Non-QM lending continued gaining market share, according to Optimal Blue
Non-QM loans reached 9% of lock volume in May while adjustable-rate mortgages climbed to 11% and conforming share remained below 50%
Optimal Blue data shows purchase activity carrying the market while refinance volume turns more selective
The mortgage market achieved a more balanced mix in February as purchase money loans rebounded from a disappointing January