Nonconforming - Page 8 | Inside Mortgage Finance

Mortgage Layoffs Spell Opportunities for Others

August 12, 2021

Layoffs can be good news for lenders looking for an employment bargain. In particular, non-agency shops are looking to hire.

Expanded-Credit Lenders Prepare for More Production

August 5, 2021

Brandon Ivey

Lenders are making moves in anticipation of an uptick in non-QM lending. The wildcard is interest rates.

Final Standards for Nonbank Servicers Include Concessions

July 29, 2021

Brandon Ivey

The new standards mirror FHFA’s existing requirements in many ways, while extending the provisions to non-agency mortgages. CSBS also provided a few breaks to the industry.

The Reason Behind Non-QM Growth: Plentiful Warehouse Credit

July 29, 2021

Paul Muolo

A handful of commercial banks are quietly making a name for themselves in non-agency warehouse finance. Among them: Axos Bank, Silvergate and Western Alliance...

Home Price Boom Leading to More Cash-Out Refis, Jumbos

July 15, 2021

Brandon Ivey

Home prices are increasing at levels last seen in 2005. A growing share of mortgage originations are shifting to the jumbo market and cash-out refis.

Wells Becomes a Little Less Consumer Centric with Latest Moves

July 8, 2021

Paul Muolo

Have a personal line of credit with Wells Fargo? Cherish it while you can. The bank is yanking the product by summer’s end.

Student Loan Refis: A Market Residential Lenders Should Consider?

June 10, 2021

Paul Muolo

Incenter Mortgage Advisors is known mostly as a servicing broker and whole loan trader, but through an affiliate it wants to help nonbank mortgage firms tap the student loan market. Will it fly?