Originations of expanded-credit mortgages declined in the first quarter, but not as much as total first-lien production. Trends among expanded-credit lenders were decidedly mixed. (Includes data chart.)
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At a non-QM conference this week, leaders of non-QM operations detailed the importance of education for lenders looking to expand their book of business.
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Gig economy workers offer a new type of self-employed borrower for lenders to approach, but they come with their own set of underwriting challenges.
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Since the first quarter of 2022, the top 30 servicers of non-agency jumbo mortgages have grown their jumbo portfolios by 11.8%. (Includes data chart.)
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