Brian Devlin, president and CEO of Arc Home, said investor appetite for non-QMs is the strongest it’s ever been.

ARMs accounted for 13.6% of first-lien originations in the second quarter of 2024 compared to 11.7% in the first quarter.

Overall nonprime mortgage servicing portfolios remained steady in the second quarter despite some sizeable increases at some servicers. (Includes data table.)

Strong returns post-2008 have led investors to increasingly consider non-qualified mortgage loans for their portfolios.

Investor demand for non-QMs is outpacing originator production, according to industry experts who spoke last week at the California MBA western secondary market conference.

Michael Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association, forecast a growth in new construction loans in the coming year.

Lenders increased their origination volume for ARMs in the second quarter of this year after a lull in lending in the first three months. (Includes data table.)

HEI business leaders discussed their unique approaches to home equity contracts during a recent webinar hosted by the Information Management Network.

The company plans to boost staffing and roll out new initiatives to continue to grow its business-purpose lending operations.

Liquid Logics and Tower1 will provide liquidity options in the growing DSCR lending space.